CryptoBearishBlockonomi · 3h ago6/10
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Nakamoto (NAKA) Stock Plunges to Record Low After 1-for-40 Reverse Split
Nakamoto (NAKA) has crashed to an all-time low of $4.70 following a 1-for-40 reverse split, declining 67% year-to-date and 99% from its peak. The dramatic collapse signals severe distress for the project and raises questions about the effectiveness of reverse splits as a recovery mechanism.