KAITO Token Trades at $1.5B to $1.7B FDV in Pre-Market, YAPs Valued Up to $454 at TGE

The cryptocurrency token $KAITO is currently trading in the pre-market at a fully diluted valuation (FDV) of approximately $1.5 billion to $1.7 billion, with trading volumes ranging from $70,000 to $150,000. The token price is reported at $1.70 per token.

This valuation implies that each YAP, a reward point associated with the Kaito platform, is valued between $50 and $454, depending on the source. Kaito's Yapper program allows users to earn YAPs through engagement on crypto-related content on Twitter, with the exact formula for earning YAPs not publicly disclosed. YAPs can be used to vote weekly, and these votes can also be sold. Other protocols are set to reward Kaito users, and platforms like Azuki's Anime and Story's IP have already started rewarding participants with YAPs at the token generation event (TGE).

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