$KAITO Cliff-like drop, falling 20% within 1 hour

KAITO was originally a mouth-lugging platform (task reward system)

It collaborates with multiple projects. The platform's main operation model is to incentivize creators to post content and rank high to earn rewards (posting on X, using API authorization to collect data and automatically score)

Holding the token offers the following advantages:

• Whitelist access to new projects
• Allocation quotas
• Priority participation rights
• Project team airdrop favoritism

Therefore, the token price has remained relatively strong due to high market demand, as it is the largest mouth-lugging platform across the network.

However, today's official X post directly caused the token to plummet. The content roughly stated that starting today, X will fully revoke API authorization for these task reward platforms.

The reason is that X believes these activities have significantly increased AI-generated and spam content on the platform, severely affecting user experience (most mouth-lugging posts are AI-written filler content).

Thus, the era of mouth-lugging has effectively come to an end. The core value of $KAITO has been completely erased.

This article only provides news updates and does not constitute investment advice 🤝