The post Kadena Blockchain Shuts Down as DeepSnitch AI Presale Explodes Past $450K appeared on BitcoinEthereumNews.com.

Crypto News Kadena blockchain collapses amid financial turmoil, while Little Pepe token news remains bullish with $28M raised. Meanwhile, DeepSnitch AI steals the show as investors pile into its $450K early-stage presale. Kadena, a company helmed by former JPMorgan executives, suffered financial turmoil and announced the shutdown of its blockchain. Despite strong potential and being technically operational, the venture ran out of funds and is ceasing all operations. Although the network is decentralized and will remain online, Kadena will cease maintenance and all business activity. The Kadena organization also noted that the market conditions made any operations unfeasible after its native KDA token lost over 77% of its value. At the same time, presales are experiencing a resurgence and seeing massive inflows as the wider market turns cautious. In fact, the Little Pepe token news is bullish, with the team announcing positive inflows, while a new presale project, DeepSnitch AI, raised $450K in its second stage. Despite the LPEPE forecast being solid, many investors are confident that DeepSnitch AI could be the project with 100x upside, citing extraordinary fundamentals and organic community building. Kadena’s tragic downturn Although many community members thought Kadena was a promising network, the organization behind the blockchain announced that the company ran out of funds and was forced to cease operations. Citing unfavorable market conditions and the KDA token dropping by 77%, the team clarified that the chain is financially unsustainable. While the network will remain online (albeit without active maintenance), Kadena will retain a small number of employees who will lead the transition as the operations shut down. Although the announcement may seem sudden, Kadena’s decline was gradual. The mainnet went live in 2020 and reached its pinnacle next year after the native token neared $4 $4B market cap. Furthermore, the TVL reached $11M in…

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Filed under: News - @ October 23, 2025 3:28 pm