‼️ Elon Musk’s platform bans tokens over spam
🚨 InfoFi $TOKEN s that incentivize users to post on social media are falling in value as platform $X revokes $API3 access from such applications due to large volumes of AI-generated spam.
➡️ Following reports of the ban by Elon Musk’s platform, the Kaito token dropped more than 15% and announced it would be forced to change its policy.
Other projects that may be affected — or are already facing losses — include CookieDAO, Xeet, Galxe, Klout, Stay Loud, and others.
API3
0.3978
-2.38%
X
Alpha
0.017018
-2.10%
TOKEN
Alpha
0.0041951
+0.67%