


According to a post by OBEL NEWS on the X platform, X has revoked API access for applications that reward users for posting on X, causing KAITO to drop over 15% in a short period.

Odaily News X product lead Nikita Bier posted on the X platform, stating that InfoFi apps pay millions of dollars for API access, but the platform no longer needs this revenue.
Previously, X revoked API access for InfoFi apps because such applications were causing the platform to generate a large amount of AI spam and reply spam.

Odaily News According to monitoring by vasucrypto, an address starting with 0x049A, associated with the Kaito team, transferred 5 million KAITO to Binance 7 days ago, raising suspicions that it might be intended for sale.
In response, the community speculates that "the Kaito team knew in advance about the negative news that Twitter would cancel API access, and thus cashed out ahead of time."

Odaily News According to monitoring by Ai Yi, data from the Kaito Dune dashboard shows that a total of 25,798,188 KAITO tokens are currently in a staked state (approximately $14.16 million), with 17,754 staking addresses averaging 589 tokens each.
As staked KAITO tokens have a 7-day waiting period for redemption, this portion of tokens has already been forcibly devalued by 19%. A significant wave of sell pressure may occur after these 7 days.







