When AI Agents Start Having Wallets, Who Decides What They Can Do? I’ve Rethought Kite
If an AI Agent can only help us write articles, organize information, and answer questions, then it’s essentially still just a productivity tool. But what if one day, all we have to do is tell it: “Find me a suitable hotel, compare prices, and then complete the booking.” Next, the Agent searches platforms, filters services, compares prices, uses payment tools, and finally gives us the booking results. At that point, the role of AI changes. It’s no longer just offering suggestions; it’s carrying out economic activities on behalf of a real person.
KAIA is up 41.2% over the past 24 hours, but a closer look shows this rally may be hard to sustain. It just fell 3.1% in five minutes, with volume running 5.2 times higher, while open interest dropped 6.3%. Volume is rising as positions are being closed—a sign of capital exiting as it trades, not a healthy continuation of the uptrend. The price fell from a high of 0.068 to its current level of 0.0569, a 19.51% pullback from the peak. The moving averages show MA7 at 0.05971 and MA25 at 0.06142. The short-term moving averages are in a bearish alignment, and the price is trading below them, indicating that the structure has weakened. RSI(14) is only 38, which doesn’t look overbought—but remember that RSI(6) previously surged to 94.78. This is a pullback after severely overbought conditions, not a confirmed retest; traders are taking profits and exiting.