Kaito – the crypto market data platform with AI support – has just announced the release of the white paper and the plan for the KAITO token airdrop in the near future. This is also one of the projects that have been of interest to the Vietnamese investment community recently, alongside projects like Sosovalue (SOSO) or Nansen.
Here are some summaries of the analytical views and KAITO price predictions from the community.
Also Read: Kaito Releases Whitepaper, Plans to Tokenize Social Media Content with AI
Investors Try to Value Kaito and Predict the KAITO Token Price Before Launch
Currently, there is no specific information about the total supply and token allocation of KAITO, but posts on X show there are hypotheses about token distribution after one year of operation, with some users predicting the value of each YAP when the token is issued.
Previously, the project launched Yapper (Yap-to-Earn). This is a program that encourages users to create quality content about cryptocurrencies on X (Twitter). Users earn YAP points by sharing useful information, interacting with crypto-related content, and receiving engagement from followers. These YAP points will determine the value of the future airdrop.
To predict the KAITO price, it is necessary to determine some important conditions such as: the YAP to KAITO conversion ratio, the total supply of KAITO, and the fully diluted valuation (FDV) of KAITO. An analysis by investor Ren_gmi has attracted attention by making assumptions about these variables.
KAITO Valuation Table. Source: @Ren_gmi"With around 25,000 YAPS issued per day, we can calculate the total number of YAPs in circulation at different time points. Kaito will likely take a snapshot of the YAP count in the future to determine the token allocation. For example, if they choose March 11 as the snapshot date (90 days after the Yapper program started), the total YAPs in circulation will be 2.275 million. With a KAITO token FDV of $1 billion and a 30% airdrop, if the tokens are linearly distributed to YAPs, each YAP will be worth $131." - Investor Ren_gmi predicted.
The above analysis assumes 1 KAITO = 1 YAP. But this information has not been revealed yet. By observing the pre-market price, many investors have started to propose different ratios. Currently, on the AEVO pre-market, KAITO is being traded in a price range of $1.7 - $2. Many investors believe the conversion ratio could be 1:1000.
"KAITO is trading at $1.7 on the Aevo pre-market. Now I wonder how many YAPs per $KAITO? It could be 1 YAP = 1000 KAITO." - Investor Wilson predicted.
Most investors are predicting the project's FDV will be in the range of $1 billion - $2 billion. Depending on the information about the total supply and conversion ratio, they can then derive the price. But Gustavo thinks this valuation is still "cheap".
"Is the Kaito Pre-market price of $1.8 on Aevo too cheap? We don't know the total supply? We don't know the circulating supply and how much it represents? In my opinion, it's cheap." - Gustavo commented.
In the Vietnamese crypto community, although many investors are interested in and use data from this platform, due to language limitations (English), not many investors participate in the Yapper program. According to the BeInCrypto report, most new projects that have recently launched have recorded significant price declines, with many tokens dropping by up to 80%.
Also Read: Kaito, Dune, Nansen Have Potential to Launch Tokens in 2025
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