Joseph Duke CRASHES OUT After Kadena $KDA Crypto COLLAPSE: “125k right out the f***ing window.” (NSFW) Others Threaten Class Action Lawsuit









https://twitter.com/AriozYalcin/status/1980734724860502346

Today, the Kadena team announced it will cease operations because of unfavorable market conditions.

The negative Kadena news caused the KDA token to plunge 60% to a new all-time low of $0.078.

With the blockchain set to shut down, the future outlook for KDA seems bleak.

Kadena Shuts Down
Kadena has announced the immediate shutdown of all business operations, citing prolonged market headwinds and an inability to sustain active development.

In an official statement, the company confirmed it will cease all business activity and maintenance of the Kadena blockchain, retaining only a small transitional team to oversee the wind-down.

Despite the negative news, the Kadena blockchain will continue to operate.

It remains a fully decentralized network powered by independent miners and governed by community-maintained smart contracts.

The team pledged to release a new binary to ensure uninterrupted network operation without their involvement.

https://www.ccn.com/analysis/crypto/kadena-kda-price-crashes-lows-team-exit/

h/t dr0id