🚨 KDA Plunges 60%+ After Kadena Foundation Shutdown Shock! 💥
Breaking News Alert: The Kadena Foundation just dropped a bombshell—ceasing all business operations and dissolving due to brutal market conditions and unsustainable dev costs. Announced on Oct 21, the blockchain now hands over to full community governance, but the
$KDA token? It's in freefall!
$KDA /USDT hit a gut-wrenching low of ~$0.086 before clawing back to around $0.21 (as of Oct 22). That's a 61% wipeout in under 24 hours—talk about a bloodbath!
Quick Insights:
Why Now? Harsh crypto winter + funding woes forced the core team's exit.
Future? Chain lives on via community, but without the OGs, volatility's the name of the game. Phoenix or graveyard?
Crypto fam, this is peak chaos—buy the dip for that 10x rebound, or is
$KDA toast? What's your play? Spill the tea in the comments! 👇
#KDA #KadenaShutdown #CryptoNews