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There was actually a rush by investors to purchase more tokens since the majority believe that the upgrade will lead to a price hike.2022Community to embrace the new proposalThe community seems to embrace the new proposal with a majority saying that the 50% cut-off will reduce the rampant inflations that have been experienced in the network before.

Announcement on protocol upgradeAfter realizing that its reward distribution program has a negative effect on the COMP price.@compoundfinance Proposal 92: COMP Rewards Adjustments Kickstart Rewards: Step OneThis proposal is the first step towards launching the new rewards program existing rewards are being cut by 50%.Why is Compound price rising?The two main factors being attributed to the current surge in the price of Compound coin are the recent protocol upgrade announcement and the communitys response to the announcement.

Compound (COMP) price has surged 10% today at a time when the majority of cryptocurrencies are bullish with the likes of Bitcoin reaching three months highShiba Inu is a meme coin that took the markets by storm in 2021 after it rallied by millions of percentages.

ApeCoin rallied by over 2000% since launch and continues to draw high volumes relative to most cryptocurrencies in the market

The firm made its first purchase in August 2020 before completing a series of several acquisitions in the ensuing months.SEE ALSO:Teslas bringing Powerwall batteries to 50.

com\/cms\/2018\/3\/f4772c44-cb9a-07bd\/mp4\/720.the project will reach a colossal capacity of 200 gigawatts.

created_at:2018-03-28T15:24:55the first woman senator elected from the South and the first woman from any state elected to a full Senate term who was not the wife or daughter of a politician