X Head of Product Nikita Bier said the platform will no longer allow apps that reward users for posting (“InfoFi”), calling the practice a source of AI-driven “slop” and reply spam. X has revoked API access for InfoFi projects and offered help for developers to move to Threads or Bluesky. The announcement immediately pressured Kaito’s native token, which fell about 15% to roughly $0.58 (CoinGecko). Story is breaking and may be updated.

X revoked API access for InfoFi projects and publicly banned posting‑reward apps, citing AI‑driven ‘slop’ and reply spam; the announcement coincided with an immediate ~15% drop in Kaito’s token price to ~$0.58 (CoinGecko), implying direct negative market reaction for the affected token.