Kategorie: Altcoin News

• Kaito price rose sharply as several projects launched public sales on the Kaito Capital Launchpad.
• The token jumped to above $1.52 before retreating slightly to around $1.39.
• Gains came amid a key milestone of $170 million in pledged allocations for the Launchpad.

Kaito AI ecosystem’s native token has surged in the past 24 hours, with price rising to highs of $1.52 amid increased activity on the Kaito Capital Launchpad.

At the time of writing, KAITO traded around $1.39, about 38% up on the day and with daily volume of over $462 million.

This trading volume represented a 1,230% spike in activity on Kaito AI, largely aligning with the surge to over $170 million in pledged allocations across the Kaito Capital Launchpad.

Kaito price surges amid milestone for Launchpad

The Kaito Capital Launchpad, a platform designed to facilitate public sales for promising blockchain projects, has attracted substantial investor interest.

Within the past few days, the platform has seen a surge in public token sales by artificial intelligence and blockchain-powered projects.

Some of these include a public sale for the video AI model Everlyn, which sold out hours after launch on September 4, 2025.

The project targeted a $2 million raise at a $250 million fully diluted valuation, and sold out amid an oversubscribed event.

Another platform, venture capital-backed Play AI, saw its sale go live on September 8, 2025 and aims to raise over $2 million at a $50 million FDV.

Play AI will see 50% of tokens unlocked at its token generation event set for October 2025.

The Boundless team completed allocations for its public sale on Sept. 2, 2025, after it also saw a significantly oversubscribed sale with $71.5 million pledged.

Demand came from approximately 22,000 investors.

These achievements have fueled Kaito Capital Launchpad to over $170 million in pledged allocations.

KAITO’s price has also picked up as the token benefits from the ecosystem’s growing traction and the success of its launchpad projects.

What’s next for the KAITO price?

Predicting the future trajectory of KAITO’s price is difficult. However, what happens next will likely hinge on several factors.

The Capital Launchpad’s momentum in onboarding projects such as Everlyn AI and playAI Network is signalling sustained investor appetite.

The platform’s ability to consistently attract oversubscribed rounds suggests strong market confidence in Kaito’s broader initiative, with buy-side demand likely to remain elevated.

As such, the token’s price could benefit from this sentiment boost and target highs of $2.92 – the all-time high seen in February 2025.

However, volatility for projects and across the crypto market may allow bears to assert themselves.

Broader market conditions, including regulatory developments and macroeconomic trends, will also play a role.

This means traders may want to keep an eye not just on Kaito AI’s ecosystem but also the overall outlook for cryptocurrencies amid the intersection of AI and decentralised finance.

Key levels to watch on the downside include $1.24 and $1.12.

The post KAITO price soars as Capital Launchpad activity spikes appeared first on CoinJournal.

• Myx Finance (MYX) hits $4.20 after a 160% daily surge with record trading volumes.
• Analysts have flagged token unlocks and whale-driven short squeezes as red flags.
• The Myx Finance V2 upgrade hype and new exchange listings are fueling the bullish market sentiment.

The price of Myx Finance’s native token, MYX, has surged to fresh highs, making it one of today’s top gainers in the crypto market.

The price surge comes as excitement builds around the platform’s forthcoming protocol upgrade, even as traders and analysts voice growing concerns about insider activity and manipulation.

Myx Finance token price hits new ATH

MYX climbed as high as $4.20 on September 8, marking a new all-time high and cementing its place among the day’s top gainers.

The rally has been extraordinary in scale, with the token jumping more than 160% in the past 24 hours and over 260% during the last week.

Notably, the token’s market capitalisation has risen above $520 million, while fully diluted valuation now exceeds $4 billion.

The trading activity behind the rally has also been notable.

In a single day, MYX registered more than $328 million in trading volume, a sharp increase compared to earlier in the month.

The derivatives market has been even more heated, with perpetual futures volumes reported at more than $4 billion and open interest more than doubling, according to data from Coinglass.

Together, these numbers point to speculative traders piling in, pushing leverage and volatility higher.

Hype builds around Myx Finance’s V2 upgrade

Part of the optimism stems from the upcoming launch of Myx Finance’s V2 upgrade.

The new version promises features such as zero-slippage trading, cross-chain support, and a more seamless user experience.

Supporters argue these improvements could make MYX a stronger rival to established decentralised exchanges.

Interestingly, the upgrade hype has coincided with fresh listings on larger exchanges, including Binance Alpha, which has boosted liquidity and widened access to the token.

Reports of institutional wallets accumulating MYX ahead of the update have further fueled confidence.

This combination of technical improvements and stronger market access has helped sustain bullish momentum, even as critics warn that the price is running ahead of fundamentals.

Concerns over insider activity

As the MYX token continues to rise, questions have arisen about the sustainability of the rally as several developments cause concerns.

One of the issues under scrutiny is the timing of the recent 39 million token unlock that coincided almost perfectly with the price surge, raising questions about whether early holders were using the retail rush to offload holdings.

In addition, several analysts have flagged red flags that point to manipulation.

Commentators such as Dominic, a well-followed Web3 analyst, argue that whales deliberately triggered short squeezes to push the price higher and liquidate leveraged positions.

Some people need jail time for real, today there where some questionable activities going on with $MYX Here’s a more detailed breakdown showing why $MYX looks manipulated and why traders should avoid it:

Several red flags I noticed myself that point to manipulation and insider…

— Dominic(evm/acc)💭 (@0xD0M_) September 7, 2025

In support of the concerns raised by Dominic, Coinglass’ liquidations data shows that more than $13.77 million worth of shorts were wiped out in a single day, creating forced buying pressure that exaggerated the rally.

On-chain data has also shown coordinated buying across exchanges, with multiple small trades funnelled into central wallets — a pattern consistent with wash trading.

Notably, the current occurrences mirror earlier episodes in the project’s history.

In August, MYX gained nearly 2,000% before crashing more than 60% in the weeks that followed; a pattern reminiscent of the collapse of Mantra earlier this year, when suspected insider activity triggered a sudden 90% crash in a single hour, erasing billions in value.

MYX Finance price outlook

Despite these warnings, not all data points to an imminent collapse.

Some monitoring groups have noted that whales have not yet engaged in large-scale sell-offs, suggesting they may be content to hold their positions for now.

This has lessened immediate concerns of a mass exodus, although the risk remains high.

However, for retail traders, the split in market opinion creates uncertainty.

On one hand, MYX has real momentum, with an upgrade that could expand its utility and strengthen its position in decentralised finance.

On the other hand, the heavy reliance on leveraged trading, the suspicious timing of token unlocks, and the echoes of past pump-and-dump activity mean the asset carries significant risks.

Whether the MYX price surge proves to be a sustainable breakout or a prelude to another steep correction will likely depend on how much of the current momentum is driven by genuine demand — and how much by insiders looking for an exit.

The post Myx Finance (MYX) price continues to rise despite insider manipulation fears appeared first on CoinJournal.