📢 Hello everyone, I am your old friend, the blogger who has been through the ups and downs of the cryptocurrency world, witnessing countless 'hundred-fold myths' and 'zero tragedies' - Fengyun. Today, let's talk about a newly launched project - Kaito AI, and its token KAITO.
**KAITO: The 'savior' of Web3 search?**
Kaito AI has grand goals: to solve the problem of information fragmentation in Web3 and to create a decentralized search engine. Doesn't that sound a bit familiar? That's right, it's the 'Google dream' for Web3. But the problem is, the degree of information dispersion in Web3 is comparable to the expired snacks in the small shop downstairs from your house. Can Kaito really handle it?
Currently, Kaito has two core products:
A professional search platform aimed at institutions: Specifically designed for those high-salaried institutional users sipping Starbucks.
A Web3 search engine aimed at C-end users: The goal is to allow ordinary users to easily find 'which MEME coin will soar tomorrow'.
Kaito's selling point lies in its integration of AI technology, making search smarter through large language models and AI agent systems. It also has a 'community co-creation' mechanism that encourages users to participate in data processing and enhance model capabilities. It sounds great, but don't forget that Web3 users are best known for 'collecting airdrops' rather than 'contributing data'.
**KAITO token: Is it gold or a bubble?**
The current price of the KAITO token is $1.677, with a 24-hour increase of 9.62% and a circulating market value of $406 million. This performance is quite good for a project that just launched. But we need to stay calm and see if there are any tricks behind this.
Trading data highlights:
24-hour highest price: $1.748
24-hour lowest price: $1.427
24-hour net capital inflow: $500,000
Support and resistance levels:
Support level: $1.466
Resistance level: $1.736
Trading strategy suggestions:
Short-term bullish strategy: If you are a short-term player, you can enter around $1.68, with a target price of $1.74 and a stop loss at $1.65.
Range trading strategy: If you prefer a steady approach, you can enter at $1.47 (close to the support level), with a target price of $1.70 and a stop loss at $1.45.
**The future of KAITO: Is it a vast ocean of stars or a fleeting moment?**
Kaito's future depends on two key factors:
The real demand for Web3 information retrieval: Currently, Web3 information is indeed chaotic, but do users really need a dedicated search engine? Or is this just a 'pseudo-demand'?
The practical landing ability of AI technology: Can Kaito's AI model truly solve the problem of information fragmentation, or is it just another 'PPT project'?
If Kaito succeeds, it is expected to become a leader in the field of Web3 information retrieval, and the value of the KAITO token will also rise. But if it fails, KAITO may become just another 'AI bubble', disappearing in the long history of the cryptocurrency world.
My opinion: cautiously optimistic, don't get too carried away
As someone who has witnessed too many 'hundred-fold myths' collapse, my attitude towards KAITO is: cautiously optimistic. Its vision is beautiful, but the difficulty of achieving it is not small. If you are optimistic about the combination of Web3 and AI, you can make some allocations, but definitely don't go all in. After all, the 'hundred-fold myths' in the cryptocurrency world are often accompanied by 'zero tragedies'.
Finally, let me share an old saying in the cryptocurrency world: 'Making money in a bull market relies on courage, while surviving a bear market relies on intelligence.' Before investing in KAITO, ask yourself: Am I relying on courage or intelligence?
Disclaimer: This article does not constitute any investment advice. The cryptocurrency market is risky, and investments should be approached with caution. If you lose money because of reading this article, don’t blame me; blame your wallet.