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Compound Finance (COMP) hits $310 in just 3 days . Why?

Compound Finance (COMP) hits $310 in just 3 days . Why?

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The emerging nature of Decentralised Finance ,achieving everyday new highness and in this race compound finance looks more bullish .A smart contract DeFi on ethereum blockchain , Compound Finance has 10 million total coin supply and the reason to see massive jump in price because it has very lucrative offer for their investors , lenders and borrowers .if we go to https://compound.finance/governance/comp  their website then we find lot latest and something different earning opportunity through different proposal of investment . 

High interest rates for lending or quick switching from USDC TO USDT  or USD to DAI  makes the platform more fast in the DefI market and upto 12% APY  attracts the investors to hold their coin through lending But how this coin will impact your investment since the price is already surged to 300 % from last 3 days . Let's see in this video .

 

video credit: cryptocurrency news.

 


Resources : https://compound.finance/governance/comp

https://www.coingecko.com/en/coins/compound/historical_data/usd#panel

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