Investment
Features
FeesSafety
Academy
More
Pluang+

Kinetiq ends kPoints program, offering 50M KNTQ tokens at $0.26 amid 20% price drop

Protocol Fundamentals
02 Oct 2026
Crypto Briefing
View Source
Bearish
Kinetiq ends kPoints program, offering 50M KNTQ tokens at $0.26 amid 20% price drop

Kinetiq has closed its kPoints rewards program, allowing points holders to buy 50 million KNTQ tokens at a fixed price of $0.26 each with no lockup, despite the token price dropping over 20% from its recent high. The claim window opened on October 1, 2026, and lasts 10 days, with unclaimed tokens returning to the Kinetiq Foundation for ecosystem development. This sale represents 5% of KNTQ's max supply and could raise $13 million if fully claimed. The move coincides with governance changes to support token buybacks aimed at reducing supply, which may influence KNTQ's price dynamics going forward.

Kinetiq's recent kPoints program closure and KNTQ token slide are noted alongside Pluang's market data as of Oct 02, 2026 11:31 WIB. For readers following the broader cryptocurrency market, 23 of 50 major cryptocurrencies on Pluang rose while 26 fell. Among notable movers, ATOM declined 4.00% to Rp31.013, EGLD dropped 3.38% to Rp81.592, and BTC gained 3.30% to Rp1.551.000.000. The most notable figure is BTC's 3.30% gain.

More News

Aave (AAVE) jumps 4.16% in one hour amid $350K short liquidations

Aave (AAVE) jumps 4.16% in one hour amid $350K short liquidations

Aave (AAVE) saw its price rise 4.16% within one hour to $182 on October 2, with a total 24-hour gain of 8.11%. During the same hour, short liquidations across Binance, Bybit, and OKX exchanges reached $350,000, while no long liquidations occurred. Aa...

Technical Signals
Bullish
4 hours ago
Bitcoin price breaks above $86,000, rising 2.18% intraday on Oct. 2

Bitcoin price breaks above $86,000, rising 2.18% intraday on Oct. 2

Bitcoin (BTC) surged past the $86,000 mark, trading at $86,000.20 with a 2.18% increase during intraday trading on October 2. This rise indicates growing investor interest and momentum in the cryptocurrency market. The price movement could influence ...

Market News
Bullish
4 hours ago
Bitcoin price jumps 1.32% to $86,381 amid $45.96M short liquidations in one hour

Bitcoin price jumps 1.32% to $86,381 amid $45.96M short liquidations in one hour

Bitcoin's price rose sharply by 1.32% within an hour, reaching $86,381 on October 2. During this period, short liquidations on major exchanges Binance, Bybit, and OKX totaled $45.96 million, indicating strong market activity. The price increase refle...

Market News
Bullish
4 hours ago
$11.73M Bitcoin short position liquidated on Binance at $86,310 price

$11.73M Bitcoin short position liquidated on Binance at $86,310 price

A single Bitcoin short position worth $11.73 million was liquidated on Binance's perpetual futures market on October 2 at 1:20 p.m. ET, when the price reached $86,310. This liquidation reflects a bet against Bitcoin's price that did not succeed. The ...

Market News
Neutral
4 hours ago
Bitcoin sees $45.96M short liquidations as price rises 1.32% to $86,381 on Oct 2

Bitcoin sees $45.96M short liquidations as price rises 1.32% to $86,381 on Oct 2

On October 2, Bitcoin experienced $45.96 million in short liquidations within one hour as its price increased by 1.32%, rising from $85,260 to $86,381. These liquidations occurred on major exchanges Binance, Bybit, and OKX, where leveraged short posi...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App