#kite $KITE @KITE AI Kite, a blockchain payment system with artificial intelligence (AI) support, launched its own token on Monday, which led to a significant trading volume on South Korean exchanges Upbit and Bithumb. The token debuted with strong market activity overall, reaching a market capitalization of $159 million and a fully diluted valuation (FDV) of $883 million within the first few hours of trading, according to data from CoinMarketCap. The trading volume on Binance exceeded $85 million, a similar figure was achieved on Upbit and Bithumb, with a total trading volume at the time of writing of $263 million.