KAITO 24-hour plunge of 19%, stakers face a devaluation crisis

GasWrangler · 2026-01-16T03:12:11+00:00

Platform X revokes API access for the InfoFi app, causing the KAITO token to drop by 19%. Currently, 25.79 million KAITO are staked, worth approximately $14.16 million, with a 7-day redemption period, potentially facing a sell-off wave. The market is watching KAITO's subsequent price performance and the team's response strategy.

GasWrangler

2026-01-16 03:12:11

Abstract generation in progress

【Blockchain Rhythm】The X platform recently revoked API access for the InfoFi app, triggering a chain reaction. The KAITO token subsequently dropped, with a 24-hour decline of 19%.

According to on-chain data, over 25.79 million KAITO tokens are currently staked and locked, valued at approximately $14.16 million, spread across 17,754 staking addresses, with an average of 589 tokens per address. More concerning is that these staked tokens require a 7-day waiting period before they can be redeemed—meaning these tokens have effectively shrunk by nearly one-fifth in the upcoming week.

Market analysts point out that once the 7-day unlock period ends, a wave of selling is likely. However, judging by the team’s recent response speed, it seems they had a plan in place long before. Whether the new strategy can convince the market remains uncertain, but at least it shows this was not an emergency response made on the spot. Over the next week, KAITO’s price performance will be a key focus.

KAITO-4,09%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
8
Repost
Share

Comment

0/400

SquidTeacher

· 19h ago

7-day unlock? The black swan comes so quickly, and I have to watch the shrinkage with my own eyes.

View OriginalReply0

MidnightSeller

· 22h ago

Damn, the 7-day redemption period is really something. I got trapped directly in this round.

View OriginalReply0

PretendingToReadDocs

· 01-16 05:42

7-day unlock? That means the betting team can rescue the market this week, otherwise it's just a slaughterhouse.

View OriginalReply0

TokenomicsTherapist

· 01-16 03:42

7-day unlock? That means staying in hell for an extra week, lol.

View OriginalReply0

StakeWhisperer

· 01-16 03:39

It takes 7 days to unlock before it can run. This time, it really depends on how the team responds.

View OriginalReply0

NFTBlackHole

· 01-16 03:26

7-day unlock, I bet this wave will be cut in half directly, any team contingency plans? Haha --- Another issue with API permissions, this time it's KAITO, truly incredible --- $14.16 million stuck in staking, can't even run away, really unbelievable --- Staking users took a huge loss this time, I heard the team has a plan, but can it really save the situation? --- InfoFi was banned, leading to KAITO's plunge, this battle was so inexplicable --- Waiting for the 7-day unlock to trigger a selling spree, I can already see the story ahead --- Average 589 coins per account, how frustrated must these guys be right now? --- Quick team response, what's the use? The fundamentals are fundamentally bad --- A 19% plunge, and this is just the beginning, once the unlock period hits, it'll be a real show --- Just want to see how the KAITO team will shift the blame next, worth looking forward to

View OriginalReply0

NeverPresent

· 01-16 03:17

Got cut again, the 7-day unlock period is just a scam.

View OriginalReply0

StableBoi

· 01-16 03:15

It's the same old trick, how uncomfortable it was during the 7-day unlock period.

View OriginalReply0