#KaitoCoin Kaito (KAITO) is the native token of the Kaito platform, an AI-powered crypto intelligence and "InfoFi" network designed to optimize the search and tracking of crypto-related content across various Web3 sources. The platform rewards social media users, referred to as "Yappers," based on their engagement and originality of posts.

Key Metrics (as of February 22, 2025):

Current Price: Approximately $1.60 per KAITO.

Market Capitalization: Around $386.59 million USD.

24-Hour Trading Volume: Approximately $1.7 billion USD.

Circulating Supply: 241,388,889 KAITO tokens.

Total Supply: 1,000,000,000 KAITO tokens.

Recent Developments:

Airdrop and Staking Launch: On February 20, 2025, Kaito initiated an airdrop, distributing 10% of its total token supply to early community members and ecosystem participants. Concurrently, a staking feature was introduced, offering an annual percentage rate (APR) of approximately 53.6%.

Market Response: Despite initial selling pressure from top airdrop recipients, the KAITO token experienced a price increase of nearly 50% post-airdrop, trading above $1.74 with a market capitalization exceeding $421 million.

Token Distribution:

Community and Ecosystem: 56.6% (including 19.5% for airdrops and incentives).

Core Contributors: 25%.

Early Backers: 8.3%.

Kaito Foundation: 10%.

The allocation of a significant portion of tokens to insiders has raised concerns about potential selling pressure and the long-term value of the token. Additionally, with only 24% of the total supply currently circulating, future token unlocks may impact the token's price dynamics.

For the most current information and updates, refer to reputable sources such as CoinMarketCap or the official Kaito website.