Compound Price Prediction 2022-2030: Is COMP a Buy?


Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. Compound is managed by a decentralized community of COMP token-holders and their delegates, who propose and vote on upgrades to the protocol.

Observers of Compound see the critical factor behind Compound’s growth over the past 24 hours in January this year as the launch of a new DeFi cryptocurrency called YAM for the Yam protocol. Compound is a coin supported to “farm” the cryptocurrency; demand for the asset has picked up, increasing the ongoing price. A year ago, Compound proved its mettle when all the other cryptos fell.

Today’s Compound price is $58.36 with a 24-hour trading volume of $119,596,606. Compound is down 13.58% in the last 24 hours. The current CoinMarketCap ranking is #94, with a live market cap of $415,969,593. It has a circulating supply of 7,128,087 COMP coins and a max. supply of 10,000,000 COMP coins.

Also Read:

Bitcoin, Ethereum, QTUM, and Compound Daily Price Analyses – 26 March Morning Price Prediction

Overview

Compound Overview

Compound Overview

Coin Symbol Price Marketcap Change Last 24h Supply Volume (24h)
compound-governance-token
COMP $ 57.74 $ 398.40 M 15.90% 6.86 M $ 74.81 M