$KAITO & $COOKIE crashed due to X Bans “Yapping” Incentive Apps.
Nikita Bier, Head of Product at X, has officially announced a major update to X’s developer API policy
X will ban third-party apps that reward users for posting/replying (“infofi”), citing a surge in AI spam and low-quality content
API access for these apps has been revoked, with X expecting feed quality to improve once incentives disappear
Shortly after the announcement, #Kaito and #COOKIE dropped 15–20%
Looks like the yapping game might be over.
