The launch of Kaito AI’s KAITO token airdrop was met with anticipation and disappointment due to the tokenomics being unveiled just an hour before claiming went live. This led to a sell-off in the market, with early bearish sentiment giving way to a recovery as the price climbed back up to $1.7 per token.
The allocation of only 10% of the token supply to early supporters and 25% to the team disappointed the community, leading to backlash and major influencers selling off their airdrop tokens. Despite this initial setback, Kaito’s promise as a pioneer in InfoFi and its AI-driven narrative allowed it to bounce back in the market.
With 73.2% of the airdrop tokens still unclaimed, there is potential for more volatility ahead. However, for now, Kaito seems to have survived its rocky start and has reignited intrigue in its InfoFi revolution.
Overall, Kaito’s journey from hype to reality showcases the highs and lows of a high-profile crypto launch, highlighting the importance of community engagement and transparency in token distribution.