
Kadena ($KDA) has announced it is ceasing business operations due to market conditions, with its valuation plummeting from $27.64 billion in November 2021 to $29.78 million. While the blockchain and KDA token will continue, investors should be aware of the significant operational risk and potential for further price volatility given the company's wind-down and transition to community governance.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol