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Author Topic: DeFi-Nitely a Bubble? Seller Blamed as COMP Crashes 45% on Coinbase  (Read 1542 times)

Offline Tnoy30

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A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427.
The rapid growth in the price of so-called decentralized finance (DeFi) tokens is raising fresh suspicions after one altcoin hit $427.

In a curious sequence of events still unfolding on exchanges, DeFi token Compound (COMP) posted huge gains before crashing almost 50%.
Read on: https://cointelegraph.com/news/defi-nitely-a-bubble-seller-blamed-as-comp-crashes-45-on-coinbase

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