Overview
- Kaito ended Yaps and its incentivized leaderboards to comply with X’s ban on apps that reward posting, a change cited by X’s Nikita Bier as a response to AI spam and low‑quality engagement.
- KAITO fell roughly 19–24% to about $0.54 with 24‑hour volume above $153 million, breaking below the $0.60 support and approaching December’s $0.47 low.
- Market trackers reported roughly 157,000 Yaps‑linked accounts were banned or disabled following X’s enforcement action.
- On‑chain analysts flagged a Kaito‑linked wallet that sent 5 million KAITO to Binance about a week before the shutdown announcement, raising insider‑trading concerns without proven wrongdoing.
- Kaito plans to pivot to Kaito Studio, a selective creator marketing product for platforms like YouTube and TikTok, though the future role of the KAITO token in that model remains unclear.