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Binance Lists KAITO: Trading Starts February 20

Binance and OKX to list KAITO, sparking major interest in the crypto community. Will it surge or face a post-listing sell-off?

Source : X

KAITO Token Set to Launch on Binance

Binance, the world’s largest crypto exchange, announced the listing of KAITO, with trading set to go live on February 20 at 13:00 UTC. This news comes just days after Kaito released its whitepaper, outlining its AI-powered tokenization of social media content.

KAITO Trading Pairs and Market Entry

Users can trade KAITO against:
✔️ BTC
✔️ USDT
✔️ USDC
✔️ BNB
✔️ FDUSD
✔️ TRY

Binance will also assign a “Seed Tag” to KAITO due to its newness and expected price volatility.

KAITO Airdrop for BNB Holders

Binance will include KAITO in its HODLer Airdrop program. Users who subscribed BNB to Simple Earn products between Feb. 6 and Feb. 10 will receive part of the 20 million KAITO airdrop (2% of the total supply). Eligible users will get tokens one hour before trading starts.

Meanwhile, KAITO’s smart contract is hosted on the Base layer-2 network.

Kaito’s Token Generation Event (TGE)

The KAITO Token Generation Event (TGE) will happen on February 20 at 12 PM UTC, just an hour before trading begins. Kaito confirmed that tokenomics details will be released right before claims open.

OKX Also Confirms KAITO Listing

OKX has also announced a KAITO listing. However, to reduce volatility in the first five minutes of trading, the exchange will:
🚫 Block market orders
🚫 Limit order size to $10,000 per user

These restrictions will be lifted after five minutes.

Will KAITO Face a Post-Listing Sell-Off?

Despite the hype, some analysts predict a potential sell-off after listing. Recent Binance-listed tokens have faced major sell-offs as early holders cash out profits.

As of now, KAITO is trading at $1.345 in pre-market trading on aevo.xyz. The question remains: will KAITO soar after listing or face immediate profit-taking pressure?

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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