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Keeta Price Surges Over 14% in 24 Hours, Hits $1.14 All-Time High
The price of Keeta (KTA), the native token of the layer-1 blockchain Keeta Network, has experienced a meteoric rise over the past month. On June 3, 2025, the token surged by more than 14% within 24 hours, reaching an all-time high of $1.14. This rally pushed its market capitalization close to $450 million.
Keetaβs Explosive Growth: A 1,173% Surge in Two Months
In early April, Keeta was trading below $0.08. However, a series of positive developments have propelled the token to a staggering 1,173% increase in value. Over the past 30 days alone, the price of KTA has skyrocketed by 848%, making it one of the best-performing cryptocurrencies in recent weeks. Even in the past week, the token has seen a notable 36% increase.
Key Catalysts for Keetaβs Price Surge
The recent price surge appears to be driven by several factors:
- Exchange Listings: KTA gained significant traction after being listed on major exchanges such as BitMart, LCX Exchange, LBank, and XT.COM. These listings have boosted trading volume and visibility for the token.
- Market Sentiment: The broader cryptocurrency market has seen a rally in altcoins, with many posting significant gains. Ethereum (ETH) rose 4.8% to trade above $2,600, while XRP, Solana, and Cardano also saw gains of 4% to 6%. This positive sentiment may have contributed to KTAβs upward momentum.
- Anticipated Announcements: The Keeta team hinted at βbig newsβ to be released later this week, which has likely fueled speculative buying.
High-Profile Backing Boosts Investor Confidence
Another significant factor in Keetaβs success is its high-profile backing. Eric Schmidt, the former CEO of Google, is among the notable investors supporting the project. Keeta raised $17 million in its seed round, further solidifying its position as a promising player in the blockchain space.
Keetaβs Layer-1 Blockchain: A Unique Value Proposition
The Keeta Network is designed to enable seamless blockchain-to-blockchain transactions, making it an attractive solution for payment networks. By leveraging its layer-1 blockchain technology, Keeta aims to simplify and expedite direct transactions across different blockchain ecosystems. This innovative approach has garnered attention from both institutional and retail investors.
Initial Launch and Trading History
KTA first entered the market in March, debuting on the decentralized exchange Aerodrome. Since then, the token has steadily gained traction, culminating in its recent record-breaking performance.
Altseason Momentum: A Broader Market Context
The ongoing rally in altcoins has led to speculation that an βaltseasonβ may be underway. During such periods, smaller-cap cryptocurrencies often outperform larger-cap assets like Bitcoin. Keetaβs price action aligns with this trend, as other altcoins like Hyperliquid also posted impressive gains, climbing 15% in the past 24 hours.
As the cryptocurrency market continues to evolve, Keetaβs recent price surge highlights the growing interest in innovative blockchain solutions. With further announcements on the horizon and increasing adoption, KTA remains a cryptocurrency to watch in the coming months.
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