When the classic rock band Kansas wrote the song ‘Dust in the Wind’ in 1977, little did they know it would also reflect the reality of the cryptocurrency market. Top cryptocurrencies that dominated the news cycles just three years ago, like Kadena (KDC) and Litentry (LIT), are all irrelevant now. To sum it up, like Kansas, they’re “all just dust in the wind.”

For instance, Kadena coin had spiked a whopping 10,000% in 2021 and was roaring to soar more. Watcher Guru had covered Kadena coin’s humongous rise back then as KDC remained the talk of the town. An investment of $1,000 had turned into $101,000 in a year, making it the most sought-after cryptocurrency in the market.

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Cryptocurrencies Like Kadena and Litentry Are ‘Dust in the Wind’

On the other hand, Litenrty, which also experienced dramatic price runs, is now obscure and unknown. It also rebranded itself as Heima (HEI) and migrated to a new blockchain. Investments made in these two cryptocurrencies back in 2021 and 2022 are now worth nothing. This highlights the risky affairs of the cryptocurrency market, who view ‘long term’ as a key to making wealth.

The phrase ‘long-term’ in the cryptocurrency sector carries a lot of risk as projects can collapse and go bankrupt at any given point. Not all that glitters is gold, and Kadena coin and Litentry are the prime examples.

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To make things worse, the real-time data from Coingecko shows that Litentry coin’s 24-hour trading volume is just $4,500. It once carried heavy weightage on its shoulders with a robust trading volume. The cryptocurrency is now deserted with literally no trading activity.

Kadena announced that it is ceasing business operations, with the KDA token and blockchain continuing under community governance. Litentry, on the other hand, has moved to a new blockchain and is still under the worst performance.