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The KAITO token's price fell 24% on January 16, 2026, after developers announced the discontinuation of the project's Yaps program.
Social media platform X revised its API policies to ban 'infofi' crypto projects, causing the Kaito token to plummet in value.
A Kaito-linked address deposited 5 million KAITO tokens, worth approximately $2.82 million, into Binance, following a larger $13.31 million token distribution from the project's multi-signature contract.