The market research firm IntoTheBlock has released new data that shows the altcoins focused on AI are growing at a steady pace.
IntoTheBlock posted a brand new thread in the social media network X. says The numbers indicate that AI Project Kaito (KAITO) – which had its highly anticipated token launch earlier this year – is primed for long-term growth despite users pulling profits from its initial airdrop.
“KAITO is one of the most anticipated launches in this year. But, does the hype still hold? Around 41,800 address balances are currently held, with many of them created as part of the initial airdrop. Around 55% of the 90,000+ addresses created on a single date were emptied instantly, capturing likely airdrop profits.
Even though momentum has been maintained, it is not slowing down. On average 1,800 new email addresses are being added every day and the adoption rate surpasses 30%. “This steady inflow of users shows that KAITO’s long-term success story is still unfolding.”
Kaito is a protocol for information and finance. solve AI is a great way to tackle the fragmentation problem in the crypto world. The crypto space fragments when different blockchains separate markets, creating separate standards and an absence of interoperability.
“By indexing thousands of sources – across social media, governance forums, research, news, podcasts, conference transcripts, and more – and combining this with proprietary search algorithms, semantic LLM (large language model) capabilities, and real-time analytics, Kaito Pro streamlines access to high-quality, actionable insights in the crypto space.”
KAITO was trading at $1.64 as of the time this article is written, which represents a 1.7% rise in just 24 hours.
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