Covalent CQT Rebounds 25% And Announces Major Governance Proposal

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Covalent ($CQT) has experienced a significant rebound, with its value surging by 25% in the past 24 hours and a 70% increase in trading volume. This uptick comes as Covalent announces a pivotal Governance Proposal to transition from $CQT to $CXT tokens. The Governance Proposal outlines several key changes: 1. Token Ticker Change: The proposal aims to change the token ticker from CQT to CXT. 2. Staking Contracts Migration: Staking contracts will be migrated from CQT to CXT on the Ethereum blockchain. 3. Future Governance Migration: Future governance will also transition from CQT to CXT on Ethereum. 4. Token Distribution:

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