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KAITO AI crashes 19% in 24 hours, wiping out July gains amid heavy selling and capital outflows

Market News
13 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

KAITO AI's price surged from $0.40 in April to $1.37 in July but crashed over 19% in the last 24 hours, erasing all July gains and losing 68% in 15 days. The drop follows a correction after a July rally driven by InfoFi 2.0, with trading volume and Total Value Locked (TVL) sharply declining. Significant capital outflows and increased short selling pressure have intensified the sell-off, leading to heavy liquidations of long positions. Recovery depends on holding the $0.40 support level, but current bearish sentiment suggests further losses could reach $0.266 in 2026.

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