#kite $KITE @KITE AI

๐Ÿง  What Is Kite (KITE)?

Kite is a Layer-1 blockchain built specifically for AI agents to transact, identify, and coordinate automatically โ€” enabling the forthcoming โ€œAI agent economy.โ€

The KITE token is used for various functions within the ecosystem: transaction fees, staking, governance, and incentives for developers/creators of AI.

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๐Ÿš€ Latest Developments

Kite officially launched its token on November 3, 2025, with a large initial trading volume, but experienced a significant percentage decline after the โ€œhype announcement.โ€

The KITE token is now listed on several major exchanges and crypto applications, making it more accessible for global users.

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๐Ÿ“‰ Current Market Condition

The price of KITE today shows a decline โ€” there is a correction after the initial spike. This is normal for new projects with high volatility, especially in the AI-based crypto sector.