Cream Token Prices Fall After News of Hacking Compensation Spreads Token Supply Expands

CREAM Finance’s DeFi token and credit service token prices have dropped for the second time in less than a month. After News of Compensation Hack That Expanded Token Supply

The first fall came after the attack ran out of CREAM’s capital, and most recently when CREAM. announced plansGiving out tokens to compensate victims

As compensation for victims of the attack, Cream said it will issue 1.45 million CREAM tokens to affected members from the treasury, rapidly expanding the coin supply. inevitably affects the demand and price of the coin.

The coin’s price dropped from around $88 to $51.78, according to Messari, before rebounding to $56.44 at the time of writing. While before the Oct. 27 attack, CREAM’s price was trading above $152.

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