KAITO has taken a sharp hit, tumbling 20% to hit $0.54. The culprit? Platform policy changes gutted the core Yaps functionality that was driving adoption. That's a brutal blow to product utility.

On top of that, insider selling chatter is swirling around, and there's an 8.35M token unlock scheduled for January 20—the kind of catalyst that tends to spook already nervous holders.

Technically, traders are eyeing two critical zones: $0.529 on the downside acts as the floor before things could get really messy, while $0.61 marks the resistance level needed to confirm any potential bounce. The pressure's intense either way.