KAITO Drops 20% After X Cracks Down on InfoFi Apps — Here Is Why the Sector Is Under Pressure

"The value of KAITO has declined by 20% following regulatory actions taken by X against InfoFi applications. This downturn is a reflection of the growing scrutiny and pressure being placed on the entire sector, prompting investors and market analysts to reevaluate the implications of these developments on future growth and stability. In this article, we will explore the reasons behind this increased pressure on the sector and the potential long-term effects of X's crackdown on these types of applications." source: https://blocknews.com/kaito-drops-20-after-x-cracks-down-on-infofi-apps-here-is-why-the-sector-is-under-pressure/