KGEN (KGeN) 24-hour pump 17.44%

Gate News Bot news, on October 14, according to CoinMarketCap data, as of the time of writing, KGEN (KGeN) is currently priced at $0.22, with a rise of 17.44% in the last 24 hours, reaching a high of $0.78 and a low of $0.15. The current market capitalization is approximately $44.2 million, an increase of $6.56 million compared to yesterday.

The official KGEN website is currently inaccessible, possibly undergoing maintenance or experiencing technical issues. Investors are advised to closely monitor the latest announcements and updates from official channels before making any investment decisions.

Important news about KGEN recently:

1️⃣ Gate platform fully launches KGEN trading feature Gate will launch KGEN perpetual contract spot trading on October 7, 2025, at 22:30 ( UTC+8, supporting USDT settlement and allowing leverage of 1-50 times. Additionally, at 23:10 ) UTC+8, KGEN unified account lending and cross-margin trading pairs will be introduced. Moreover, Gate has also opened multiple features for KGEN, including copy trading, trading bots, Yu Bi Bao wealth management, flexible and fixed collateral lending, instant exchange, and regular investment. This series of measures greatly enhances KGEN's liquidity and trading convenience, providing more possibilities for its price fluctuations.

2️⃣ KGEN Token Airdrop Event The KGEN project team conducted a token airdrop event and added 54.2 KGEN tokens to users who successfully claimed the airdrop. This move may lead to a short-term increase in the supply of KGEN tokens in the market, which could have a certain impact on its price.

3️⃣ KGEN Lockup Pool Event A trading platform will open the KGEN lock-up pool from October 9 to 16, with a total prize pool of up to 174,000 KGEN. Such activities may affect the circulation and market demand of KGEN in the short term, thereby impacting its price.

From a technical perspective, KGEN has experienced significant price volatility over the past few days. On October 10, there was a sharp decline, dropping from a high of $0.64 to $0.15, a decrease of 37.18%. In the latest 24 hours, the KGEN price has rebounded by 17.44%. This intense price fluctuation may be related to market adjustments after the new trading platform launch and the impact of various activities. Investors should closely monitor the subsequent trends and the latest announcements from the project team.

This message is not an investment advice, and investors should be aware of market volatility risks.