Kaito exploded with a 106% rally on 21 February immediately after the tokentameration event and entries in various large stock exchanges.
According to facts From Coingecko, Kaito AI (Kaito) rose on February 21 to an intraday height of $ 1.87, with its market capitalization of $ 458 million in the early Asian morning. The rally took place in the midst of high volume trade, with more than $ 2.1 billion in Kaito that was traded over the past 24 hours, indicating a considerable demand for traders.
Most of these profits came after Kaito lists had protected on centralized fairs such as Binance, Coinbase, Kraken, OKX, Gate.io, Bybit and Mexc on 20 February. The exchange lists followed on the tokenteration event, which was kept on the same day, with a total stock of 1 billion tokens.
At the time of writing, Kaito had risen 1,521% on Binance and traded at 1.62 USDT. On Kraken and Bybit, the Altcoin rose 43% and 30.6% respectively, which traded at $ 1.41 and $ 1.57.
Despite the current momentum, underlying data on chains suggests that this Bullish Momentum can be short -lived.
According to For Dune Analytics, the top 12 claimants from Kaito’s AirDrop jointly received around $ 3.3 million in tokens. 10 of these holders, however, have already discharged most of their companies, leaving eight their positions completely.
The sale was part of a wider trend, because 79.1% of all claimants saw a reduction in their balances, which is a sign of profitable profit.
This suggests that early recipients are more focused on the short -term profit than the long -term growth potential. The criticism of Kaito’s Tokenomics and AirDrop mechanics seems to have influenced this trend, so that the price can lead to downward pressure on the price, which can lead to correction in the coming days if more users discharge their participations.
Social sentiment around Kaito, however, stays strong on social media platforms such as Telegram and X, according to Santiment. It was also trending on Google, which is often seen as a sign of retail interest.
This increase in social buzz and search activity can help to cool off part of the volatility of Kaito by drawing new interest and keeping the trading levels stable.
That said, increased attention from the stores does not always guarantee that the stability of the price price persistent price. If the early profit maker continues and new buyers do not match the sales pressure, the volatility can spend again.
During writing, Kaito had fallen more than 12% earlier today compared to his high hit.
What is Kaito?
Kaito AI is an AI-driven platform focused on web3 insights. The project received attention, especially after launching Yaps in December 2024.
Yaps is a permission -free protocol that changes attention to a tradable asset. It is already used in reward systems and socialfi applications.
The Kaito -Token is central to this ecosystem and influences how attention flows in the “Infofi” model of Kaito -an approach that aims to make information measurable and tradable with AI.
Kaito offers products such as Kaito Pro, an AI-driven search engine for crypto intelligence, and Kaito Connect, an Infofi-driven network that is designed to optimize the way in which attention and capital movement in the Web3 room optimize.
