Keeta price gets Coinbase listing boost ahead of mainnet launch

cryptonews.net 06/09/2025 - 21:03 PM

Keeta Price Surge

Keeta price jumped by over 17% on Saturday following continued accumulation by smart money investors, prompted by a significant announcement from Coinbase and its founder.

Summary

  • Keeta price jumped by over 15% after Coinbase listing.
  • Whales and smart money investors have been accumulating the token.
  • Keeta will launch its mainnet network later this month.

The rally was highlighted by Keeta (KTA) reaching $1.09 on September 5, marking its highest value since August 26. This surge increased its market capitalization to over $406 million, though it still sits 42.4% below its all-time high of $1.68.

> Source: CoinGecko

Keeta Price Jumps After Milestone

The recent rally reflects the confidence of smart money investors who have been purchasing aggressively. According to Nansen data, these investors now hold 8.65 million tokens, a rise from less than 7 million in July. Whale investors have also been increasing their positions, with total holdings exceeding 76.7 million tokens.

Keeta whale purchases | Source: Nansen

Coinbase is now the second major exchange to list Keeta after Kraken, significantly expanding its reach to millions of potential U.S. and international customers. Prior to this, Keeta primarily traded on Aerodrome and LBank.

KTA’s price rally was further fueled by Ty Schenk, the founder, announcing important changes in tokenomics. He revealed plans to combine early investors’ and team allocations into a strategic reserve comprising 400 million KTA tokens, currently valued over $400 million.

Keeta, which is backed by Eric Schmidt, former Google CEO, aims to become the crypto industry’s fastest blockchain, targeting over 10 million transactions per second. Schenk hinted at a mainnet launch within the month, which could further enhance its price.

> $KTA Mainnet. T- — Ty (@schenkty) August 28, 2025

KTA Price Technical Analysis

Keeta price chart | Source: crypto.news

The eight-hour chart indicates that KTA rebounded after hitting a significant ascending trendline since May. It has risen above a strong pivot, reversing the Murrey Math Lines, and could soon flip the Ichimoku cloud indicator.

Despite the potential for a pullback as hype from the Coinbase listing wanes, a rebound is expected leading into the mainnet launch, maintaining bullish sentiment as long as the price remains above the ascending trendline.

Read more: Top 3 reasons the altcoin season will happen in 2025




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