It’s been a pretty wild weekend for Keeta, honestly. The price shot up more than 17% on Saturday, and it looks like that momentum isn’t just random. There’s been some steady accumulation going on behind the scenes—what people often call “smart money” getting in early.
Why the sudden jump?
A lot of this seems tied to Coinbase. They announced they’re listing KTA, which is obviously a pretty big deal. It’s the largest U.S. exchange, so that kind of visibility matters. More access, more potential buyers. Simple as that.
But it’s not just retail interest. Data from Nansen shows that smart money wallets—you know, the ones watched for early signals—have been stacking up tokens since July. They’re now holding over 8.65 million KTA. Whale activity is up too. Their combined holdings sit around 76.7 million. That’s not nothing.
More than just exchange news
There was also a significant tokenomics update from Ty Schenk, the founder. He mentioned that early investor and team allocations are being combined into something called strategic reserves. That pool totals 400 million KTA. At current prices, that’s worth more than $400 million. It’s a move that seems aimed at stabilizing things long-term. Or at least that’s the idea.
Backing from Eric Schmidt, former Google CEO, certainly doesn’t hurt credibility. Keeta’s aiming to be ridiculously fast—claiming capacity for over 10 million transactions per second. Whether that’s realistic, I don’t know. But ambition is high.
And then there’s the mainnet. Schenk hinted strongly it’s coming this month. That’s usually a positive catalyst for any project.
Where does the price go from here?
After the Coinbase listing spike, KTA hit $1.09 on September 5th. That’s the highest it’s been since late August. Still, it’s sitting more than 40% below its all-time high of $1.68. So there’s room, theoretically.
Looking at the charts, the eight-hour frame shows a bounce off an ascending trendline that’s held since May. It broke above a key pivot and seems to be challenging the Ichimoku cloud. Technicals look okay, for what that’s worth.
But hype from an exchange listing can fade. I wouldn’t be surprised to see a pullback. The real test might be how it holds up before the mainnet launch. If it stays above that trendline, sentiment will probably stay cautiously optimistic.
It’s one to watch, for sure. Not financial advice, just an observation. Things move fast in crypto.
