Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Compound Right Now?

Current Price
$342.06
All Time High: $910.54

Compound is down -62.40021% from its highest price on 2021-05-12.

4/5
Avarage Daily Volume: $298,051,016.00

Compound has a daily trading volume of $298,051,016.00 which it will make it super easy for you to sell your holdings of Compound

Community

Compound has 189285 total followers in all its social media accounts.

4/5
Exchanges

Compound is listed on 100 exchanges

5/5
Price Potential

Compound price value has the potential to increase to $6674.83 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's So Good time to invest in Compound right now. We give it all overscore of

4.0/5

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Summary of Compound(COMP):

Compound(COMP) today price is $342.06, which is down -62.40021% from it's all time high. The avarage daily volume is $298,051,016.00 and you can trade Compound on 100 exchanges.

189285 people are following Compound in all social media accounts.

Our algorithm believes it's So Good time to invest in Compound with confident score of 4.0 out of 5.

What is Compound(COMP)?

The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in Compound governance by receiving delegation, without needing to own COMP. Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.