Kaito AI, a crypto intelligence platform, is gaining attention with its airdrop plan. The platform is giving away 20% of its total token supply to early users and for future rewards. This move aims to grow its community and attract more people. But not everyone is convinced it’s all good news.
Kaito AI, calling itself the “ultimate Web3 information platform,” plans to give 10% of its tokens to early community members, Genesis NFT holders, and key partners. In total, 19.5% of the tokens are set aside for airdrops and long-term rewards. This has created a buzz in the crypto world.
However, some experts are worried about how the tokens are being split. Onchain investigator RunnerXBT revealed that 43.3% of Kaito’s total tokens are for insiders—35% for the team and 8.3% for early investors. This could cause many to sell their tokens quickly after the airdrop, possibly leading to a price drop.
Big airdrops in the past have sometimes led to problems. For example, after the 2023 Arbitrum airdrop, many users sold off their tokens, impacting the price. Blockchain expert Anndy Lian pointed out a common pattern in such cases: “Big hype, big spike, then a massive sell-off.”
Kaito AI is trying to avoid this by making it harder for people to game the system. The number of tokens people get depends on the number of Yaps they collected and whether they held Kaito Genesis NFTs at a certain time. This approach is meant to reduce bots and farming tactics.
Kaitos listing on big exchanges like Binance has boosted its price. The Kaito listing price started at $0.89 and has climbed to $1.42—a 52.52% increase. Experts had predicted the price would settle between $1.50 and $2.00, and it seems on track.
The current market cap stands at $343.1 million, with a trading volume of $2.04 billion. Kaito is traded on 28 markets and 30 exchanges, with Binance being the most active.
The future of Kaito AI appears promising, especially with its innovative approach to Web3 and strong support from its community. It is predicted that If the momentum continues, Kaito’s price could even reach $10 in the future. While Kaito AI has shown strong growth and gained community support, the real test will be how it handles post-airdrop market dynamics.
Investors are keeping a close watch to see if the price holds steady or if insider sell-offs will impact its value. For now, Kaito offers both short-term gains and long-term potential, but, like all crypto investments, there are risks. Investors should stay informed and make careful decisions as the market evolves.
Also read: PinEye Airdrop Live on Bybit! Claim $1,000 – Are You Eligible?Avni Patel is a skilled crypto writer with a background in Journalism and Mass Communication. Combining creative writing with analytical depth, she specializes in making complex blockchain and Web3 concepts accessible to a wide audience. With nearly a year of experience, she delivers insightful articles, blogs, and news articles backed by strong SEO strategies. Dedicated to staying ahead in the fast-evolving crypto space, she continues to establish herself as a trusted voice in the industry.