It's got that vibe that the market can easily get swept up in: price is bouncing hard, volume is exploding, and there's a clear enough story that people want to stick around. Right now, KAT is hovering around $0.01488, up 50.40% in 24 hours, with volume hitting $343.8M. Over the past 7 days, it has also jumped 69.6%.
The most notable point I see is that this pump isn't just due to some vague excuse.
#CoinGecko It's clear that KAT is being pushed by extremely strong spot buying pressure and a rotation into the DeFi sector, while this token is 'not affected' by the rsETH exploit as the Polygon ecosystem reacts. This means money is flowing back in right when the DeFi narrative is being revisited by the market.