TechFlow news, November 3 — According to official announcements, WEEX launched Kite (KITE) on October 30. The token opened at $0.08 and surged to a high of $0.69654, representing an increase of over 770%. Currently, KITE is trading at $0.28381, up 254% since its listing.
Kite is an EVM-compatible Layer 1 blockchain developed by Zettablock, primarily designed for AI and the intelligent internet. Officially described as the first AI payment blockchain, it utilizes a proprietary Proof of Artificial Intelligence consensus mechanism. It is currently collaborating with Coinbase to deploy its x402 smart payment protocol.
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