Kinetiq makes holders buy KNTQ at $0.26 instead of receiving it

Kinetiq ended its direct KNTQ airdrop on October 1 and turned the final kPoints into a paid purchase option. The program covered 36.8 million kPoints, but eligible holders now have to buy KNTQ at a fixed $0.26 rather than receive tokens outright.

That changes the fight from token distribution to whether holders will fund the allocation, while supporters argued the structure avoids free-sale supply and traders pushed KNTQ sharply lower. The purchase pool is 50 million KNTQ, and the claim window lasts 10 days.