KAIO (KAIO) recorded extreme volatility immediately following its Token Generation Event (TGE) on May 6, with some platforms reporting price swings of up to 9,900% just hours after listing on Bitget, KuCoin, and several other exchanges. The surge occurred as the market ramped up the Real-World Assets (RWA) narrative, with a particular focus on projects related to tokenized institutional funds and on-chain capital infrastructure.