风无向🎒|Oct 30, 2025 08:04
Kite is now listed on Binance pre-market, and the current price is still relatively stable at 1.5B.
Personally, I feel it's still undervalued, but of course, this is based on the assumption of low circulation. I think we can't look at Kite with the same perspective as before, because this is the first project launched with Paypal as the lead investor.
Plus, Kite and Paypal have a very close partnership.
Paypal's PYUSD quietly reached a total supply of 2.8B in the market without much noise.
From the FDV perspective, especially with altcoins crashing everywhere right now, it's definitely on the higher side. But looking at the token structure and concept, we can't use the old perspective to evaluate it. Of course, DYOR.
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