Coinbase, the largest cryptocurrency exchange in the United States, will list Kaito (KAITO), according to its official announcement.
KAITO price has declined by 21% in the last 24 hours and has a market cap of $220 million at the time of writing.
Interestingly, KAITO, which operates on the Base layer-2 network owned by Coinbase, was listed on Binance, the world's largest cryptocurrency exchange, before Coinbase. This may be one reason why the expected upward effect after the Coinbase listing was not observed.
Coinbase has listed KAITO with the ‘experimental tag’, meaning high risk and high volatility. The token was launched today and has an artificial intelligence theme.
However, KAITO is also traded on smaller cryptocurrency exchanges OKX, Kraken, Kucoin, and MEXC.
*This is not investment advice.
