KAITO Price Attempts Recovery as Top Holders Exit Post-Airdrop
Different from highly anticipated Breath of air This surprises many users, such as Kaito’s Airdrop, and Berachain and Pi Network. The token is initiated by an encryption analytics platform with the same name.
Data on the chain suggests that top claimants quickly sold their tokens, resulting in strong sales pressure and bearish sentiment. But if Kaito can regain trust in the community and leverage its programs for social media content, it could recover from its recent trough and challenge critical resistance levels.
Kaito Top address has almost all coins sold
Kaito’s chain data shows that the user who claims the largest number of coins is no longer the holder. Indicates sales pressure shortly after airdrop.
It is worth noting that the top 12 claimants received about $2.1 million worth of Kaito, but 10 of them have sold at least a portion of the tokens and seven have completely withdrawn from their posts.
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Only 3 of 12 decided to hide the coins, reflecting a cautious approach to long-term commitment.
This sales trend among the largest claimants shows a lack of confidence in the long-term value of the token or strategic transfer Safe profit Follow the initial distribution.
The claimant did not hold his own position
The wider on-chain activity showed a similar pattern, with 76.7% of all claimed users Kato’s balance decreases.
Although not all of them sold all their shares, most people lowered their exposure, indicating a sense of caution or profitability.
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In contrast, 22% of claimants did not move their tokens, reflecting a firm conviction, while only 1.3% increased their holdings, showing minimal accumulated interest.
This distribution pattern shows Community criticism of Kaito’s symbolism and airdrop method It may affect the behavior of the user.
The combination of low cumulative rates and high sales pressures indicates a bearish outlook. Market sentiment seems to focus more on short-term returns than long-term appreciation of value.
Kaito Price Forecast: Will Kaito recover from its recent lows?
If Kato can restore community confidence and attract interest through its program Use artificial intelligence to bring social media content intoits price may continue to recover from its recent lows.
Kaito was hit hard in the first few hours after its launch, as in many cases The nearest arrow, the fourth of the beam. If it can recover from the recent strong sales pressure, it can test $1.5 or even $2 quickly.
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However, if sales pressures remain, it may drop further, especially dune Data show that so far, less than 30% of Kaito supply is said to be.
This shows a large part Tokens can still enter the market. This could increase sales pressure and drive price reductions.
If this happens, Kaito can test support for $0.89. If this level is violated, the price may drop below $0.8 or even below $0.7.
Disclaimer
and Trust Project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and impartial reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.