Why am I interested in KAITO?
1. Binance Support: Binance recently expanded its support for KAITO, which has attracted investor attention. This could be a positive sign for liquidity and adoption of the cryptocurrency.
2. Post-Airdrop Price Surge: KAITO saw a significant 50% price increase after a recent airdrop, indicating strong initial interest. However, it is important to note that this type of enthusiasm may be temporary.
3. Selling Pressure: Despite the initial enthusiasm, KAITO has struggled to maintain user interest, which is common after airdrops. This could signal short-term volatility.
4. Innovations in Funding: KAITO launched a $1 billion+ token project without relying on traditional venture capital, which could be seen as an innovation in the cryptocurrency space. The advantage is that whales will not come and dump large quantities on the market.