Went long $KAITO

Look at Rui Shen's simple talk about Kaito:

1. Mindshare has remained high since TGE, with a large number of content-output KOLs (especially mid-tier KOLs) adapting to Kaito's products and becoming dependent on them. Many projects also operate and invest according to Kaito's Mindshare model, and the business revenue looks quite good from the repurchase data.

2. Founder Huyu has a king-level sense of community, is talkative yet substantive, and can really grab attention. The team's BD capabilities are strong, and most existing Pre-TGE clients are quite satisfied. If they can continue to pay/incentivize the community, it would be a solid business model for Kaito.

3. In terms of chip structure, it opened at 1B, short-term surged to 3B, then dropped to 600M and returned to around 1B. The first wave of ups and downs is quite logical, and it has been washing for over a month; now is also a good time to start the second wave.

4. The team does things correctly, they promised that investors and the team cannot pledge, and they have delivered on that. The product is also being gradually launched, making it a target for many secondary foundations to build positions.

There is a position, with costs around 0.8.