• Kite rallies over 14% and holds above $0.27 despite wider crypto market doldrums.
• The AI segment’s market capitalization slips to $13.2 billion as leading tokens such as Bittensor struggle.
• A robust technical structure characterised by a MACD buy signal a trailing Super Trend support Kite’s bullish outlook.

Kite (KITE) is extending its rally above $0.27 at the time of writing on Friday, supported by positive market sentiment within its ecosystem. The Artificial Intelligence (AI) crypto token is up over 14% intraday and 18% over the past 24 hours, highlighting its overall uptrend.

AI crypto market decline as Kite rallies

Leading tokens in the crypto AI segment, including Bittensor (TAO), Near Protocol (NEAR) and Internet Computer (ICP),…