$KITE suddenly dropped 4%—looks like early birds are cashing out after the listing pump.

The token slid 4.04% today, actually lagging behind the broader crypto market's 6.4% decline. Timing couldn't be worse: profit-takers from that major exchange debut are flooding exits, institutional backing remains thin, and macro headwinds aren't helping either.

Here's what the numbers say: only 1.8 billion tokens circulating out of a 10 billion total supply. Fully diluted valuation sits at $929 million. That's a lot of potential dilution hanging overhead.

The critical level to watch? $0.10 support. If that floor cracks, we might see accelerated downside pressure. Worth keeping on your radar if you're holding or eyeing an entry.

KITE5.07%

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FrontRunFighter

· 9h ago

nah this is textbook pump-and-dump theater right here. 82% of supply locked up? that's not a feature, that's a ticking time bomb waiting to get unlocked. institutions dumping before retail even knows what hit em... classic playbook honestly.

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NFTDreamer