Overview of KAITO's Market Performance
As of March 2, 2025, KAITO's price is fluctuating around $2.28 USD, according to recent data from CoinGecko and CoinMarketCap. The token's daily trading volume is approximately $640 million, with a market capitalization nearing $550 million. These figures are based on a circulating supply of 241 million tokens out of a total supply of 1 billion, indicating that KAITO remains active and relevant in the market despite its inherent volatility.
Addressing Manipulation Allegations
There have been allegations suggesting that KAITO is “100% manipulated,” citing a supposed fixed supply and demand of 200,000 tokens with a $0.10 price difference as evidence of a potential collapse. However, no credible data from reliable sources substantiates these claims at present. While there are indications of significant selling pressure following the airdrop on February 20, 2025, these actions appear to reflect short-term profit-taking rather than a coordinated plan to crash the token’s price.
According to Dune Analytics, 79.1% of airdrop recipients reduced their balances soon after claiming their tokens, suggesting a widespread tendency toward immediate liquidation. This trend could imply speculative behavior but does not conclusively confirm systematic manipulation or a deliberate plan to trigger a collapse.
Market Trends and Volatility
Despite the selling pressure, KAITO’s price surged by 49.5% within 24 hours on February 21, 2025 (as reported by Cointelegraph) and by 23.2% over the past week up to March 2. Although trading volume has decreased from $3 billion to approximately $580 million (according to CCN), the token’s ability to recover suggests that market demand persists. These movements appear to reflect typical market volatility rather than evidence of manipulation.
Scam Allegations and Credibility
Allegations labeling KAITO as a scam require substantial evidence, such as verified instances of collusion or direct manipulation by the project team or major stakeholders. To date, no regulatory bodies have officially categorized KAITO as a scam. Kaito AI, the development company behind the token, is known for its AI-driven solutions in the Web3 space, including products like Kaito Pro and Kaito Connect, which lend the project a degree of credibility.
Conclusion
While the airdrop and subsequent price fluctuations have raised concerns and sparked allegations of manipulation, the current data suggests that $KAITO 's volatility is more likely tied to typical investor behavior rather than confirmed malicious intent. Investors should remain cautious and monitor credible sources for further developments.
