Fred Krueger: NAKA company drops nearly 99 percent from $20 billion peak

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18.04.2026

Fred Krueger: NAKA company drops nearly 99 percent from $20 billion peak — NAKA tumbles 99 percent from $20B peak

NAKA, a company associated with David, recently experienced a dramatic decline, losing nearly 99 percent of its value from a peak of $20 billion. Fred Krueger shared this development as an example of how markets can be humbling.

Krueger highlighted the scale of NAKA's downturn, describing it as one of the more spectacular reversals in recent memory.

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But we saved everything 🙂.

Krueger has previously pointed to other industry developments, noting Sofi’s launch of Bitcoin integration with easy account setup and seamless transfers. He has also discussed custody concerns, highlighting how multi-signature security helps protect Bitcoin assets from wrench attacks. The recent NAKA drop marks another sharp move tracked by Krueger.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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