Derivatives Traders May Have Manipulated COMP Rally: Author – CFR

Reported By: CryptoFundReport.com

Cointelegraph – A number of analysts have suggested the meteoric price performance of the Compound Governance Token (COMP) may have been orchestrated using derivatives.  After initially changing hands for approximately $80 each upon its June 18 listing on Poloniex, COMP quickly rallied 500% to post highs above $380 June 21 as news of a Coinbase listing appeared to entice buyers.

Read More

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.