Shiba Memu price prediction as presale hits over $1.2 million in a month

Hot on the heels of last months nuclear fusion breakthrough comes the first results from a multi-year partnership between Google and Tri Alpha Energy.

a DeFi lending protocol where users can get crypto loans or earn interest by offering their crypto assets to the platform for it to lend them out to others.The new program kicked off by reducing the existing rewards by half and it will also probably end COMP farming though depending on how the community votes.

the platform has come up with a protocol upgrade that will help in the growth of the protocol instead of selling off the rewards without necessarily benefitting the existing token holders and users.But why is the coin price skyrocketing? This article focuses on the factors behind the current Compound rally.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.volunteering for local organizations and causes

which means 200GW would be way too much solar power for the country to use by itself.This large-scale investment in solar power would reduce Saudi Arabias reliance on oil.

SoftBank Chief Executive Masayoshi Son told reporters.Thatd be Australias proposed Solar Choice Bulli Creek PV Plant.