Crypto Scenario Insights

DeFi Kingdoms DFK Chain Shutdown: A Strategic Pivot or Retraction for JEWEL?

What happened

DeFi Kingdoms announced the shutdown of its DFK Chain on August 28, migrating player assets to Avalanche C-Chain.

What we think

The most likely outcome is initial selling pressure on the JEWEL token due to uncertainty surrounding the DFK Chain shutdown and asset migration, with a 30% probability of a bearish scenario.

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DeFi Kingdoms DFK Chain Shutdown: A Strategic Pivot or Retraction for JEWEL?

We explain what happened and what could follow. We do not forecast prices.

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