Kinetiq Ends kPoints With Paid Claim as KNTQ Drops 23%
Kinetiq ended the kPoints program and opened a paid claim for points holders. The claim window runs for 10 days, with a 50 million-token allocation priced at $0.26 per KNTQ, and one report said KNTQ was down more than 20% as the program wrapped up.
What this rests on
What it means
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The practical change is that kPoints is no longer running and access to KNTQ now comes through a paid claim at a set price, rather than through the old points program. What stays in place is the token strategy itself, which was described as still aimed at supporting KNTQ over time even as short-term volatility and market pressure were noted.
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context
Where this sits in the Kinetiq series
| When | What happened | Figure |
|---|---|---|
| 16 days ago | KNTQ a 0.452 $ high | today it sits -31.3 % from there |
| 8 days ago | KNTQ a 0.2698 $ low | today it sits +15.1 % from there |
From what we have stored, starting 22 days ago.