#最近关注的新币 The price of Kaito token has risen mainly due to its listing on multiple Centralized Exchanges on February 20th. In addition, there was a significant increase in volume before and after Kaito's listing, leading to a substantial price surge. For example, on bn, the price of Kaito rose by 1,521%, reaching a trading price of 1.62 USD.

However, despite the current strong momentum, the price of Kaito token may face short-term adjustments. According to data from Dune Analytics, the top 12 recipients of Kaito Airdropped received a total of approximately $3.3 million worth of tokens, of which 10 have sold off most of their holdings, indicating profit-taking pressure in the market. Furthermore, criticisms surrounding the economics and airdrop mechanism of Kaito token may also exert downward pressure on the price.
Currently, the price of the Kaito token is related to the social popularity and search activity of the market, which helps stabilize the trading level, but does not fully guarantee the continued stability of the price. If early profit-taking continues and new buyers fail to resist selling pressure, volatility may rise again.
In conclusion, although the price of the Kaito token is currently soaring, there may be a risk of adjustment in the short term, but in the long run, whether to invest in the Kaito token depends on the evaluation of its underlying project and market prospects.