Yeet (yeet-1336)

kaitoai is connecting AI, attention and capital with Yaps; leverages AI to index and make searchable a vast array of web3 content, including social media, governance forums, research, news, podcasts, and conference transcripts.

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This is how a single chat leak destroyed $MOVE 🧵 @movementlabsxyz raised $38 million in funding and the hype was unreal for launch. • Solid airdrop • Big Funding • Talks of an additional $100M raise • Listings on Binance and Coinbase • World Liberty Financial Buying So what went wrong that now people are calling $MOVE a rug pull or scam and Coinbase is delisting it ?

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But here's the twist: The tokens never went to Web3Port officially. Instead they were transferred to Rentech : a little-known entity that turned out to be a proxy for Web3Port It’s either that Web3Port tricked them or an insider executed the transaction with full knowledge. Now 66 million $MOVE tokens are in Rentech’s hands. Then the most shocking part was revealed : In one of the screenshots it was shown that once the $MOVE token reached a $5 Billion valuation then they would sell the tokens to take a profit share. That’s why they deliberately manipulated the price to push it above $5 Billion in valuation and then sold off $38 million worth of tokens. After this incident > Binance banned Web3Port. Movement Labs team came forwardpromising a buyback of tokens to stabilize the price. But to date that hasn’t happened : No BuyBack. That's why we've seen sudden -30% dump in $MOVE and overall down by -86% from ATH

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Kaito Connect A decentralized InfoFi (Information Finance) network that rewards users for contributing valuable content. It focuses on fairness, transparency, and efficiency, engaging creators, users, brands, and networks through features like Yaps, Yapper Leaderboards, and Yapper Launchpad

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