KAITO AI plunges 19%, wiping out July gains after sharp rally

KAITO AI reversed sharply after its July rally, falling more than 19% in the last 24 hours and erasing all gains made during the month. The token had climbed from $0.40 in April to $1.37 in July, but has now dropped 68% over the past 15 days as momentum from the earlier InfoFi 2.0-driven advance faded. The move points to a broad correction following a rapid speculative run-up, with trading volume and market capitalization also declining.

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