Kaito AI Price Surges 50% After Airdrop—Will the Rally Continue?
The leading crypto AI token, Kaito AI, has seen a 50% increase in price after the launch of the gas disk. Despite concerns about token issuance, Kaito AI has performed better than other recent Airdrops PI network and hamster Kombat. By supporting its main communication, many strange things are, can Kaito AI continue to maintain this momentum?
Kaito token actively starts
The Kaito AI project officially launched the Airdrop claim on February 20, positioning itself as a revolutionary Web3 information platform. Kaito remains strong despite concerns that insiders selling tokens may lower prices.
However, the tokens began trading at $1.12 and quickly soared to $2 before retreating slightly to settle around $1.75. This marks an impressive 50% of its launch.
Shortly after the airdrop went live, Kaito was listed as a major crypto exchange. In just one hour, leading platforms such as Binance, Coinbase, Kucoin and Kraken opened up the trade of tokens.
Kaito Token Studies and Future Focus
according to Kaitot A Sionkenomics10% of the total supply is allocated to the community and ecosystem proposition, 35% shelved for the foundation and core teams, while 32.2% is committed to ecosystem growth.
Additionally, 2% supply was retained for Binance’s Hodler program, strengthening the link between Binance and Kaito AI.
A key issue is the upcoming token unlocking on August 20, which will release 21.84 million Kaito tokens worth about $42 million. Of the 1 billion supply, 241 million tokens are in circulation, dilution is still a possibility.
Kaito price next step
While Kaito AI’s strong start is promising, some analysts predict potential price corrections in the coming weeks.
However, a key technical model has been formed Kaito’s price chart Impressed by the possibility of a recession. The token has developed a rising wedge pattern, which is a well-known bearish signal. If there is a failure, Kaito’s price may fall at $0.87.
On the bullish side, to get Kaito to $5, the current level will require 180% speed. This can happen if the token breaks through key resistance at $2 and crosses the psychological barrier at $3.
