CoinMarketCap CEO Offers ‘Helping Hand’ As DappRadar Winds Down
2月 之前•
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- DappRadar is ceasing operations after seven years, citing “financial unsustainability.”
- The platform’s native token, RADAR, plunged 34% to $0.0006 as traders exited positions.
- CoinMarketCap’s CEO offered a potential lifeline, though no official deal is confirmed.
DappRadar, a leading Web3 analytics platform, has officially announced it is shutting down. The company cited “financial unsustainability” as the primary reason for ending its seven-year operation. The announcement immediately triggered a sell-off in its native RADAR token.
“After seven years, it’s time to say goodbye,” DappRadar noted on X.
Why Is DappRadar Closing After Seven Years?
The platform, a staple of the DeFi sector since 2018, will stop providing real-time analytics in the coming days. The team confirmed they will begin winding down the platform immediately. This process includes sto…
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