Kaito Ai, a leading crypto token, experienced a massive price of 50% after the launch of its aerial launch. Despite concerns about the distribution of tokens, Kaito AI has performed better than other recent air parameters such as Pi network and Hamster Kombat. With major exchanges that support him, many wonder, can Kaito have keep this momentum?
Kaito token rental positively
The Kaito AI project officially launched its air allegations on February 20, positioning itself as a revolutionary web3 information platform. Even if some feared that the initiates who sell their tokens could lower the price, Kaito has remained strong so far.
However, the token began to negotiate at $ 1.12 and quickly increased to $ 2 before retreating slightly to settle around $ 1.75. This marks an impressive 50% increase since its launch.
Shortly after putting online, Kaito was listed on major crypto exchanges. In just one hour, the main platforms like Binance, Coinbase, Kucoin and Kraken opened the trade against the token.
Tokenomics kaito and future concerns
According to Kaitot a Tokenomics10% of the total offer is allocated to community and ecosystem complaints, 35% are reserved for the Foundation and the Basic Team, and 32.2% are dedicated to the growth of ecosystems.
In addition, 2% of the offer is reserved for the Binance Hodler program, strengthening the links between Binance and Kaito AI.
A key concern is the next tokens unlocking on August 20, which will publish 21.84 million Kaito tokens worth around $ 42 million. With 241 million tokens in circulation on a total offer of one billion, dilution remains a possibility.
What is the next step for Kaito Price
Although the strong beginning of Kaito AI is promising, some analysts predict a potential prices correction in the coming weeks.
However, a key technical model forming Kaito price board suggests the possibility of a slowdown. The token has developed an upright corner pattern, a well -known lowering signal. If ventilation occurs, Kaito’s price could drop to the $ 0.87 bar.
On the bullish side, so that Kaito reaches $ 5, it would take a 180% increase in current levels. This could happen if the token moved above the key resistance to $ 2 and crosses the psychological barrier at $ 3.
