News
Significance:
6/10

Kadena Token Crashes as Company Behind Network Says It's Closing Up Shop

https://decrypt.co/345276/kadena-token-crashes-company-behind-network-closing

Andrew Hayward, Mat Di Salvo

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
The token price crashed 47% due to the announcement of Kadena's shutdown.
Bearish
The organization is shutting down due to inability to continue business operations.