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‼️ Elon Musk's X Platform Bans Tokens for Spam
🚨 Tokens like InfoFi, which incentivize users for social media posts, are dropping in value as the X platform revokes API access to these applications due to a large amount of spam generated with AI.
➡️ Following the ban announcement from Elon Musk's platform, the Kaito token fell more than 15% and announced that it will be forced to change its policy.
Among the projects that may also be affected (or are already suffering losses) – CookieDAO, Xeet, Galxe, Klout, Stay Loud, and others.