Kaito (KAITO) drops 20% after X bans InfoFi apps on January 15, 2026

On January 15, 2026, X revised its developer API to prohibit apps that financially reward posting, announced by Head of Product Nikita Bier. Kaito's KAITO token fell over 20%, sliding from $0.70 to $0.56, while COOKIE and LOUD also declined and the InfoFi sector's market value dropped 11.5%. X said affected developers can transition to Threads or Bluesky; KAITO was $0.57 at press time.