Tell a cold joke,
My staking ranking on $KAITO went from over 1100 to now ranking 847,
For the first time, I feel that being ranked higher is uncomfortable,
The price of $KAITO dropped below 0.5 today, what a disaster, a loss of 50%, the principal was bought for 1 dollar.
But the CEO is still chatting away every day, everyone knows the returns from staking in the past few months, it’s simply tragic.
The correlation and rewards of the core product InfoFi have plummeted to the bottom,
Capital Launchpad has also given disappointing returns to investors, which used to be something he was proud of.
Including services that are lagging behind,
The projects I subscribed to have not issued tokens until now, and there’s no specific timeline, comments and messages are all left unattended.
What could cause a platform valued at several billion to end up like this?
Is it just because the market is bad?
For a platform, if its own token doesn’t rise, everything else will go down, including OKX’s OKB.
Previously, OKB at least had flash earnings, giving holders some interest, but what do I get from staking $KAITO?
The sluggish token price is mainly due to product issues dragging behind; if the core doesn’t do well, everything’s in vain, but if fixed, there’s still a chance for a comeback.
If the team refocuses on fixing the limitations of InfoFi, making it truly valuable for creators and users, then the other parts will have significance.
Look at Chainlink (LINK): questioned for its single function during the bear market, but focused on the oracle core, slowly becoming infrastructure, showing strong long-term performance.
Now look at Uniswap: had some functional controversies before V3, but after focusing on core liquidity upgrades, it dominates the DeFi market.
The platform should take a good look at who is staking your $KAITO, these people are the real fans.
#KAITO #InfoFi #Crypto

