KAITO’s $320K Airdrop: Accidental Leak Reveals Crypto’s Biggest Names

• Ansem’s KAITO airdrop sale reveals a potential KOL wallet leak.
• KAITO price surges 100% despite airdrop controversy and influencer dumping.
• The AI project allocates 20% of tokens for airdrops, raising tokenomics questions

KAITO, a crypto intelligence platform, has surged by 100% in recent hours, despite controversy surrounding its recent airdrop. Ansem, a well-known crypto influencer disclosed receiving an airdrop of 215,113 KAITO, which he later sold for 76 ETH (roughly $206.5K at the time). If he held onto the tokens, they would now be worth over $320K, a 55% profit, highlighting the volatile nature of cryptocurrency markets.

However, Ansem’s public disclosure has inadvertently exposed a potential major leak of Key Opinion Leader (KOL) wallet addresses. By analyzing the airdrop distribution, on-chain sleuths discovered a disproportionate number of influencer wallets among the recipients.

The analysts claimed to identify a significant number of prominent figures in the crypto space by sorting the list of claimants by allocation size. This so-called “leak” has sparked debates on the fairness and transparency of the airdrop distribution.

KAITO has allocated nearly 20% of its total token supply for future airdrops and incentives, a strategy designed to boost early adoption and generate market buzz around the platform. While this approach has undoubtedly created a stir it has also raised questions about the project’s long-term tokenomics and the potential for market manipulation.  

KAITO’s 100% Surge: A Bullish Signal or Short-Term Hype?

Despite the controversy surrounding the airdrop and the open admission by some CT influencers of dumping their received tokens, KAITO’s price has defied expectations with a remarkable surge.

Source: Block News

Proponents of the project argue that this launch is not just another Token Generation Event (TGE), but a significant momentum shift. They point to a fresh wave of interest and liquidity flowing into the Base ecosystem, attracting investors and users from other blockchain networks.

The launch isn’t just another TGE – it’s the momentum. A fresh wave of Interest, Liquidity is flowing into the Base Ecosystem, pulling in Investors/Users from the other chains.We might be witnessing the start of Phase 2 of AI Agent Development on Base. A cycle shift!

The price surge suggests that, at least in the short term, the controversy has not dampened market enthusiasm for KAITO. Whether this momentum can be sustained remains to be seen.