The recent airdrop of Kaito AI (KAITO) token has taken the crypto market by storm, with prices surging nearly 50% despite heavy selling pressure from early recipients. The project, which positions itself as a leading Web3 intelligence platform, allocated 10% of its total supply for the initial airdrop and plans to distribute nearly 20% for future incentives.
Overcoming Early Sell-Offs
As is common with large-scale airdrops, many early recipients, including prominent crypto influencers (KOLs), quickly liquidated their holdings. Blockchain analysts revealed that some well-known figures, including Ethereum educator Anthony Sassano and Helius Labs CEO Mert, sold off significant portions of their allocations, leading to concerns about insider control. According to RunnerXBT, a notable on-chain investigator, approximately 43.3% of KAITO’s total supply is held by insiders—raising speculation about potential price manipulation.
Market Resilience and Future Potential
Despite these early sell-offs, KAITO’s price action remains bullish, currently trading above $1.74 with a market cap exceeding $421 million. The project’s technology has also gained industry recognition, with RedStone co-founder Marcin Kazmierczak noting its relevance for serious Web3 marketing professionals.
However, the rapid rise in popularity has also attracted scammers, with fraudulent websites attempting to exploit the airdrop hype. Investors are advised to be cautious and only claim tokens from official Kaito AI channels.
Buy or Sell?
With KAITO continuing to gain traction, traders face a critical decision—buy in now or wait for a potential dip? The token’s strong initial momentum suggests growing demand, but the heavy insider allocation could lead to future price volatility. As with any crypto investment, due diligence is essential before making a move.
📌 This article is for informational purposes only and does not constitute investment advice.