Following the airdrop announcement, Binance officially announced the listing of Kaito (KAITO) token on February 20. After being listed on Binance, KAITO surged to the $1 level.

Airdrop and Token Allocation

Positioning itself as the “ultimate Web3 information platform,” Kaito AI is gearing up for its first airdrop event. In this phase, 10% of the total supply has been allocated to early community members and ecosystem participants.

On February 20, the platform shared the following statement on X:

“Initial Community and Ecosystem Claim – 10%. This allocation includes the initial Kaito Yapper community, Genesis NFT holders, and ecosystem partners.”

Additionally, 56.6% of the total supply is allocated to the community and ecosystem, with 19.5% specifically reserved for long-term airdrops and incentives.

Binance Listing and Price Movement

Binance listed KAITO with the KAITO/USDT, KAITO/BTC, and KAITO/ETH trading pairs, leading to a rapid price surge to $1.

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While a Binance listing often boosts a project’s liquidity, initial selling pressure is common, especially for airdrop-based projects.

Tokenomics Concerns and Sell-Off Pressure!

Some analysts believe that the large insider allocation in the tokenomics could lead to selling pressure after the airdrop. Marcin Kazmierczak, co-founder of RedStone, a blockchain oracle firm, highlighted Kaito’s impact on the crypto marketing industry:

“I don’t know a single serious crypto marketer who doesn’t use Kaito’s stack. Previously, marketing was all about views and impressions. However, Kaito introduced a new metric, ‘Smart Followers,’ which allows tracking how many respected or active crypto accounts interacted with or followed a specific account.”

However, on-chain investigator RunnerXBT revealed that 43.3% of the total supply is allocated to insiders, including 35% to the team and 8.3% to early investors. This raises concerns about the long-term price movement of the token.

Will KAITO Face a Major Sell-Off?

Kaito AI’s tokenomics and insider allocations have sparked debates regarding potential sell-off risks post-airdrop. However, with Binance listing, KAITO has reached $1, and its long-term performance will depend on community support and project development.

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