KAITO has experienced a sharp 19% decline in the last 24 hours after X revoked access to the InfoFi application API. This development has significantly impacted the token's value, as reported by on-chain analyst @ai_9684xtpa. Currently, approximately 25.8 million KAITO tokens, valued at around $14.16 million, are staked across 17,754 addresses, with an average of 589 tokens per address. The 7-day waiting period for redeeming staked KAITO has led to a forced devaluation of these tokens by 19%.
KAITO Plummets 19% Following API Access Revocation
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