Highlights
After Artificial Intelligence emerged as a key player in the crypto industry, the KAITO token launch is among the anticipated events for investors. The popular Web3 and AI company Kaito AI has announced its native token launch with an airdrop event, boosting enthusiasm. However, the biggest question remains: What will the KAITO price be at launch? Let’s discuss.
The KAITO token launch and airdrop event have been discussed for weeks and finally confirmed by the team on their social media applications. Like most, this crypto token will also play a crucial role in the Kaito AI ecosystem, allowing participation in governance, staking, and more.
It will soon join the top AI crypto tokens on the market, but the official launch date is still unknown. The tokenomics are also still hidden, but experts claim that the KAITO token contract has been deployed on the popular blockchain network Base.
Moreover, they anticipate it will have a total supply of 1 Billion, which could play a crucial role in determining the KAITO price at launch. Of this, 33.3% may be distributed in crypto airdrops.
Although all this information is vague, the eligibility criteria and user allocations are confirmed. According to the Kaito AI official X post, Kaito Genesis NFT holders and the Yapper (Yaps participants) are eligible for the airdrop.
The Yaps participants’ snapshot was revealed on February 16, but the NFT holders are due on February 18. Now, the most significant part is its listing and price performance.
Even before the token launched, anticipation was building around its crypto exchange listing. Analysts anticipated a possible Coinbase listing, as the token will likely be launched on the Base blockchain. This increases the odds of Coinbase listing, as this Ethereum Layer 2 network is connected to that.
If this happened, it would be a big push for the KAITO token and its value. A Coinbase listing would provide liquidity, accessibility, and market credibility. However, due to the absence of many key details, the KAITO initial price remains speculative. A few crypto analysts like Maxpain anticipate the price to come around $0.5 at launch.
The revelation of the supply and demand, the KAITO token’s listing on exchanges, its staking and utility features, and the market sentiment could provide better clarity.
Due to AI tokens hype, the KAITO airdrop and token launch are among the most awaited crypto airdrops. With a strong fundamental network and anticipated exchange listing, investors expect a good start for the token. However, the KAITO price remains speculative due to missing tokenomics and launch details. Interested investors must await further updates and avoid misinformation.
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