KAITO Price is Up by 35% After Yesterday’s Launch

Key Points

• KAITO price is up by over 35% today, after topping $1.88 earlier.
• The coin went live yesterday on major exchanges, seeing a significant upward trajectory.

KAITO went live on important crypto exchanges yesterday and recorded a significant price surge since. Now, its price cooled off a bit, but the digital asset is still up by over 30% since going live the other day.

KAITO is Up by 35% Today

At the moment of writing this article, KAITO is trading at $1.57, up by 35% for the day. The coin has a market cap of over $374 million.

Yesterday, KAITO’s price recorded a spike from $1.25 close to $1.9 when the coin reached a market cap of over $456 million.

After a slight correction, now the coin’s price seems to have stabilized at current levels.

Yesterday, major crypto exchanges including OKX, Binance, and BitGet listed KAITO at 13:00 (UTC), with a pre-market price of around $1.2 per token, reflecting a $1.2 FDV, as Crypto Rank noted.

Kaito Tokenomics

The total KAITO supply is 1 billion tokens.

• Over 32% of the total supply is set for the ecosystem and network growth.
• 25% of the supply is for core contributors.
• 10% of the supply is for ecosystem claims.
• 7.5% is for long-term creator incentives.
• 8.3% is set for early backers.
• 10% is for the Foundation.
• 5% is set for the liquidity incentives.
• 2% is set for Binance HODLer Airdrops.

Kaito Became Binance’s 9th HODLer Airdrops Project

On February 19, Binance introduced Kaito as its 9th project on HODLer Airdops, and also listed the coin with Seed Tag applied on February 20.

Binance opened trading for the following pairs:

• KAITO/BTC
• KAITO/USDT
• KAITO/USDC
• KAITO/BNB
• KAITO/FDUDT
• KAITO/TRY

What is Kaito (KAITO)?

Kaito is an AI-powered platform with crypto distribution at its center. The project notes that it has the solutions for the information crisis in the era of GenAI being able to:

• Collectively build a fairer and more efficient attention economy
• Reward all market participants