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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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Open Gate App » Click at the bottom of "Home"-"Chat" » Enter Gate Chat Group or
➜ Click the Link to Enter: https://gate.onelink.me/Hls0/group?chatroom=groupGate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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DappRadar Token Plunges After Platform Announces Shutdown - Unchained
DappRadar, the popular platform that tracks decentralized applications across multiple blockchains, announced it will shut down after seven years
DappRadar’s native token RADAR dropped 38% after the platform’s co-founders shared the news on X.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
“Running a platform of this scale became financially unsustainable in the current environment, and after exploring every option, we had to make the difficult decision to wind things down,” said founders Skirmantas Januškas and Dragos Dunica.
A decision on what happens to the platform’s DAO are still ongoing, and its token’s future is undecided, but some users criticised the decision to announce the shutdown without first converting the treasury funds into USDC.