Kaito (KAITO), an AI-powered crypto intelligence platform, debuted on Binance today, initially opening at $1.70 before dropping to $1.20, bringing its market capitalization to approximately $289 million.
KAITO launched as the latest token on Binance, attracting attention due to its focus on AI-driven market intelligence and its role in the InfoFi (Information Finance) sector.
The token’s price initially surged at launch but has since dropped nearly 29%, following a pattern seen in many recent airdrop-based listings.
Kaito’s Tokenomics and Airdrop Allocation
Kaito AI has allocated nearly 20% of its total token supply for future airdrops and ecosystem incentives, a move designed to encourage user adoption but also raising concerns about potential sell-offs.
Today’s listing follows its Binance HODLer Airdrop, where 2% of KAITO’s total supply was distributed to users who had staked BNB in Binance’s Simple Earn products.
Beyond the HODLer Airdrop, Kaito has allocated:
- 10% for initial community and ecosystem claims, including early supporters and NFT holders.
- 56.6% for long-term community and ecosystem initiatives, with 19.5% specifically designated for future airdrops.
Despite excitement around the project, some analysts have voiced concerns regarding KAITO’s token allocation, with 43.3% designated for insiders, including 35% for the team and 8.3% for early investors. Critics warn this could lead to selling pressure, similar to past airdrop-based launches.
HODLer Airdrop Participants Received 2% of Supply
KAITO’s listing follows its Binance HODLer Airdrop, where users who staked BNB in Binance Simple Earn automatically received KAITO tokens.
This distribution method has become a passive earning opportunity for BNB holders, offering exposure to new projects without requiring direct investment.
For users looking to participate in future airdrops, staking BNB in Binance Simple Earn remains a potential way to receive free token distributions from upcoming projects.
Sign up for Binance and stake BNB to qualify for future airdrops.
