21 February 2025
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Kaito Token Airdrop Sparks Positive Community Engagement and Earnings
The Kaito token drop generated significant attention, with Base achieving a peak of 160 TPS and median fees of $0.02 during the event. Key takeaways include:
- Participants could earn KAITO by posting on X, avoiding the creation of another social media platform.
- Two users reported earning approximately $200 in KAITO; positive feedback highlights the project's user engagement strategy.
- Concerns about the sustainability of interest in yapping and KAITO's long-term viability were raised.
- Current market sentiment is mixed, with some calling for focus on long-term contributions over short-term profits.
Kaito's token performance remains stable, but its future will depend on ongoing community engagement.
In related news, HYPE, linked to Hyperliquid, has shown strong price action post-launch, outperforming several recent coin launches. Statistics indicate:
- HYPE is experiencing steady growth amid a challenging memecoin landscape.
- MORPHO has gained 135% since launch, with $6.8 billion in deposits, up 160% in three months.
- Other recent launches like BERA, PENGU, and MOVE have seen declines ranging from 24% to 38%.
This suggests a potential resurgence for projects with solid fundamentals in the crypto space.