Cream Finance (CREAM), a significant player in the cryptocurrency world, made a notable appearance on
INDODAX, establishing itself as one of this summer's top crypto deals. The strength of the
CREAM offering is reflected in its live price chart and robust market cap. However, news that hack compensation will inflate the token supply resulted in a plunge in value for the
CREAN token. Despite this setback, the coin's price made a dramatic 60% leap, highlighting the volatility and potential earnings in the cryptocurrency market.
CREAM is a DeFi or decentralized finance protocol that can offer users lucrative earnings opportunities. The DeFi security project 'Lossless' notably recovered $16.7M after a Cream Finance hack.
Unfortunately, Cream Finance has been a hack target, falling victim to a $130 million flash loan scam, as well as a phishing attack that exploited the PancakeSwap and Cream domains. Recently, an exploiter converted $1.75M of stolen funds into Bitcoin. Despite these setbacks,
CREAN remains a significant player, consistently showing up among the top-performing assets.
On a lighter note,
CREAM shares a name depth with various ice cream brands and fads, from the viral Korean coin bread to the nostalgic Baskin-Robbins – even the unique coin-themed flavors of ice cream. Yet, the takeaway remains the strength and volatility of Cream Finance in the cryptocurrency market.
CREAM Coin News Analytics from Wed, 07 May 2008 07:00:00 GMT to Tue, 01 Oct 2024 08:08:57 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -2
