Kaito AI Token Surges 50% Post-Airdrop Despite Influencer Sell-offs

Kaito AI token defies influencer selling pressure with 50% price rally

Kaito's token has climbed nearly 50% since its highly anticipated airdrop on Feb. 20, maintaining upward momentum despite heavy selling pressure following the token generation event. Crypto intelligence platform Kaito AI, which brands itself as the "ultimate Web3 information platform," launched its airdrop claims on Feb. 20, allocating 10% of its token supply to the current airdrop and nearly 20% to future airdrops and community incentives, Cointelegraph reported. The Kaito AI (KAITO) token rose over 49.5% in the 24 hours leading up to the time of publication trading above $1.74 with a market capitalization exceeding $421 million, according to CoinMarketCap data. Despite concerns that insider allocations could create selling pressure, the Kaito token has continued its rally. Some of the largest recipients of the airdrop -- including high-profile crypto influencers, also known as key opinion leaders (KOLs) -- have sold significant portions of their Kaito allocations Related: Pig butchering scams stole $5.5B from crypto investors in 2024 -- Cyvers Kaito token rallies despite heavy KOL selling pressure Popular crypto influencer Ansem received $230,000 worth of Kaito tokens and sold all of his supply. Anthony Sassano, Ethereum educator and investor, received $185,000 worth of Kaito and also sold 100% of his tokens, while Helius Labs CEO Mert sold 80% of his allocation, worth $340,000, according a Feb. 21 X post from crypto intelligence platform Arkham. Part of the initial selling concerns stemmed from onchain analysts who pointed out that a significant portion of the token supply is allocated to insiders. According to onchain investigator RunnerXBT, 43.3% of Kaito's total supply is designated for insiders, including 35% for the team and 8.3% for early investors. Related: CZ admits Binance token listing process is flawed, needs reform Despite the criticism, Kaito AI's technology has gained recognition within the industry. Marcin Kazmierczak, co-founder and chief operating officer of blockchain oracle solutions firm RedStone, told Cointelegraph that he does "not know a single serious marketer that wouldn't use Kaito stack." Meanwhile, crypto scammers are already banking on the excitement around the project by creating fake airdrop claim pages to trick unknowing investors into sharing their cryptocurrency wallet addresses. Kaito AI's official airdrop claim page was shared by the company's official X account in a Feb. 20 X post, which will be available for claimants until March 22.

3 Reasons to Not Sell Kaito Airdrop Tokens

Kaito Airdrop Tokens are now available for claim as the highly anticipated KAITO launch goes live on Base. One billion tokens exist in total supply yet early community members and ecosystem partners receive ten percent while the remaining supply amounts to 24%. A joint effort between Binance and OKX exchanges will disburse the 20% total supply to the market through the main listing. Users who possess Genesis NFTs and individuals who belong to Yapper and essential system participants will receive the first distribution. Kaito AI, a leading crypto intelligence platform, is attracting attention with its upcoming airdrop. The project is distributing 10% of its total token supply to early adopters and ecosystem participants. With an additional 20% allocated for future incentives, some investors remain cautious about its long-term tokenomics. The company defines its mission through the phrase "ultimate Web3 information platform" to capture full control of the crypto intelligence sector. The pending KAITO exchange listings have generated substantial interest because these moves make KAITO one of the most highly anticipated AI token launches. The market considerations regarding market fluctuations and token distribution patterns have analysts predicting a potential price drop after the scheduled KAITO token airdrop. The market uncertainties do not eliminate the potential benefits of holding KAITO tokens based on several compelling factors. Three crucial factors demonstrate that selling KAITO tokens might be a poor choice. The crypto intelligence sector recognizes Kaito AI as its primary player in the industry. The large number of users and high interaction levels establish its increasing control across Web3 analytics. The market's growing interest supports KAITO's fundamental values in a positive way. Kaito adopted a financial plan that focuses on cash flow sustainability through positive financial values rather than third-party funding. Through this business model, Kaito ensures survival beyond launch difficulties which sets it apart from other projects towards long-term sustainability. Crypto Twitter users have been noticing Kaito Yaps become more popular through its use of artificial intelligence for social media engagement analysis since the recent months. The platform performs dual assessments of post uniqueness together with importance before giving a stated attention rating. Kaito uses its acquired data to provide market intelligence to cryptocurrency projects as it asserts its status as one of the leading entities in the digital analytics space. The distribution model at KAITO stops large venture capital firms from developing industrial token farms. The method controls overwhelming token dumping activities that normally cause rapid market price slivers. KAITO benefits from better price stability because of its fair allocation model, which relies on community interests.