COMP Price Live Data
The live Compound price today is $270.37 USD with a 24-hour exchanging volume of $90,720,864 USD. We update our COMP to USD price progressively. Compound is down 3.74% as of now. The current CoinMarketCap positioning is #78, with a live market cap of $1,674,524,639 USD. It has a circling supply of 6,193,515 COMP coins and a maximum. supply of 10,000,000 COMP coins.
If you might want to realize where to purchase Compound, the top cryptographic money trades for exchanging Compound stock are right now Binance, Mandala Exchange, OKEx, CoinTiger, and FTX. You can observe others recorded on our crypto trades page.
What Is Compound (COMP)?
Compound is a DeFi loaning convention that permits clients to acquire interest on their digital forms of money by keeping them into one of a few pools upheld by the platform.
To get more familiar with this venture, look at our profound plunge of Compound.
When a client stores tokens to a Compound pool, they get cTokens consequently. These cTokens address the singular’s stake in the pool and can be utilized to recover the fundamental digital currency at first kept into the pool whenever. For instance, by storing ETH into a pool, you will get cETH consequently. Over the long run, the conversion scale of these cTokens to the basic resource expands, which implies you can recover them for a greater amount of the basic resource than you at first put in — this is the way the interest is distributed.
Blockchains were created on a calculation that was consistently watching out to make a convention that could address the escape clauses in getting and loaning of government issued money. In any case, there still stayed a few inquiries unanswered identified with acquiring and loaning. Colossal exchange expenses and absence of straightforwardness and limited liquidity being significant obstacles in the field of created platforms. Bitcoin just as the Ethereum network neglected to review these issues too. You can also read about Mina price prediction from here.
What Makes Compound Unique?
What makes Compound stands apart from its competitors like ETH, Bitcoin and others is that here the navigation is incorporated into the blockchain itself. Compound, with its open loaning platform, permits them to acquire interest on their equilibrium of upheld Ethereum tokens or take out a got advance. Compound’s people group administration makes it separated from different conventions. The Compound is likewise effectively engaged with reshaping enactment and compliance to inventive business principles testing the current environment. Group Compound understands the maximum capacity of blockchain can be bridled just when the key structure is set up to make this progressive innovation a fantasy come true.
Compound Price Prediction 2021-2022
Compound crypto price began in 2021 at $184.81. Today, Compound exchanged at $267.72, so the price expanded by 45% from the start of the year. The forecasted Compound price toward the finish of 2021 is $334 – and the year to year change +81%. The ascent from today to year-end: +25%. In the primary portion of 2022, the Compound price will move to $352; in the subsequent a large portion of, the price would add $106 and close the year at $458, which is +71% to the current price.
COMP to USD predictions for January 2022.
In the starting price at 221 Dollars. Greatest price $221, least price $173. The normal for the month $200. Compound price forecast toward the month’s end $186, change for January – 15.8%.
Compound price prediction for February 2022.
In the starting price at 186 Dollars. Most extreme price $186, least price $145. The normal for the month $168. Compound price forecast toward the month’s end $156, change for February – 16.1%.
COMP to USD predictions for March 2022.
In the starting price at 156 Dollars. Most extreme price $182, least price $156. The normal for the month $166. Compound price forecast toward the month’s end $170, change for March 9.0%.
Compound price prediction for April 2022.
In the starting price at 170 Dollars. Most extreme price $170, least price $133. The normal for the month $154. Compound price forecast toward the month’s end $143, change for April – 15.9%.
COMP to USD predictions for May 2022.
In the starting price at 143 Dollars. Greatest price $167, least price $143. The normal for the month $152. Compound price forecast toward the month’s end $156, change for May 9.1%.
Compound price prediction for June 2022.
In the starting price at 156 Dollars. Most extreme price $194, least price $156. The normal for the month $172. Compound price forecast toward the month’s end $181, change for June 16.0%.
COMP to USD predictions for July 2022.
In the starting price at 181 Dollars. Greatest price $181, least price $141. The normal for the month $164. Compound price forecast toward the month’s end $152, change for July – 16.0%.
Compound price prediction for August 2022.
In the starting price at 152 Dollars. Most extreme price $152, least price $119. The normal for the month $138. Compound price forecast toward the month’s end $128, change for August – 15.8%.
COMP to USD predictions for September 2022.
In the starting price at 128 Dollars. Most extreme price $158, least price $128. The normal for the month $141. Compound price forecast toward the month’s end $148, change for September 15.6%.
Compound price prediction for October 2022.
In the starting price at 148 Dollars. Most extreme price $152, least price $132. The normal for the month $144. Compound price forecast toward the month’s end $142, change for October – 4.1%.
COMP to USD predictions for November 2022.
In the starting price at 142 Dollars. Most extreme price $177, least price $142. The normal for the month $157. Compound price forecast toward the month’s end $165, change for November 16.2%.
Compound price prediction for December 2022.
In the starting price at 165 Dollars. Most extreme price $204, least price $165. The normal for the month $181. Compound price forecast toward the month’s end $191, change for December 15.8%.