Kaito AI’s much-anticipated airdrop has sparked considerations as early backers offloaded their tokens instantly after launch.
In keeping with Arkham Intelligence, outstanding recipients offered a good portion of their allocations. Notable figures similar to ANSEM and Anthony Sassano offered 100% of their tokens, valued at $230K and $185K, respectively.
In the meantime, MERT offloaded 80% of his $340K KAITO allocation. This sell-off aligns with earlier considerations over insider allocations and potential dumping dangers.
Kaito AI had allocated 20% of its total token supply to airdrops and incentives, aiming to reward early supporters and drive adoption. Nevertheless, analysts like Anndy Lian had warned of a “massive hype, massive spike, then an enormous sell-off” state of affairs, which now seems to be enjoying out.
The fast liquidation by key backers might impression group belief and future value actions. As of now, KAITO is trading at $1.23, down 5.45% within the final 24 hours.
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