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Compound Price Prediction

An up-to-date Compound price prediction for 2021, 2023, 2025. Wondering what is the future of COMP price? Find out Compound price forecast with historical, fundamental and technical analysis.
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Compound Fundamental Analysis

Compound is the native utility token of the network under the same name. It powers the ecosystem of the platform specializing in lending and borrowing crypto. It belongs to a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform. Compound is distributed daily and has a fixed supply. The exact number of the remaining tokens, as well as those in circulation, can be seen on the website which also has a FAQ about the tokens. According to the answers provided there, token holders can debate, propose, and vote on all changes to the protocol using COMP. The platform retains a 50 percent distribution of tokens between the suppliers and borrowers on various markets. Every interaction on the ecosystem also results in the automatic transfer of COMP to your wallet. With COMP, users can lend and borrow crypto immediately, without having to spend the time, effort, or cost of dealing with a traditional financial intermediary. It has real value and brings benefit rather than being just a token. COMP and its use-cases incentivize the user to stay loyal to the platform. Compound’s CTO and CEO have previously worked in high-profile roles at Postmates and continue to hold executive positions. They also claim to have world-class investors. Nowadays, COMP occupies a place within the top-50 cryptos. Another advantage is that it can be traded for both fiat and crypto. COMP is also represented on Binance and many major exchanges. 

Project name
Compound
Stock Symbol
COMP
Curr. Price
661.52
Curr. Supply/Total Supply
10000000
ROI Since Launch
No Data
Launch Date
No Data

Compound Live Price Chart

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Compound Technical Analysis

Despite the fact that 100% accurate technical analysis for Compound cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated COMP buy-and-sell rating for selected timeframe. The summary for COMP/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Compound Price Prediction

Below we have collected the most reliable price projections for Compound (COMP) from popular forecast platforms.

#1. WalletInvestor COMP Price Prediction for 2021 and 2025

According to WalletInvestor, Compound price will grow from $661.52 to $1889.400 in one year. That makes COMP a awesome investment. The long-term earning potential is 185.61%. Predicted price for the end of 2026 is $6831.790.

#2. TradingBeasts COMP Price Prediction for 2021-2022

Answering the question about if Compound is a good investment, TradingBeasts say resounding no. In the 2021 perspective, this coin price is predicted to reach $653.998 with a growth to $836.225 by the end of 2022.

#3. DigitalCoin COMP Price Forecast for 2021-2025

In DigitalCoin analysis, the price of Compound Coin cryptocurrency will rise in the next 5 years starting from $0 as of today’s price to $0. It will go up to $0 by 2022 and continue its growth in 2023-2024. Based on the forecast, Compound Coin is profitable long-term investment.

#4. LongForecast COMP Price prediction for 2021-2022

In 2021, the average price will go up to $808.063. In 2022, Compound’s price will raise significantly to an average of $1294.167.

Summary

As it can be clear from the analysis cited above, Compound (COMP) projections are rather contradictory. There is no universal consensus either about positive or negative future COMP price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Compound projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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