Compound price prediction | Is Compound a good investment?
The post Compound price prediction | Is Compound a good investment? appeared on BitcoinEthereumNews.com. At the end of 2024, the price of Compound’s DeFi token) shot past $121, riding the wave of a broader crypto rally led by Bitcoin. But after that high, COMP started to trend downward. By late May 2025, the token was trading around $40. The price then climbed to about $60.7 by June 10, before pulling back again to around $45.84 as of June 27. So where does COMP go from here? Is Compound a good investment? Let’s take a closer look at our Compound price prediction. What is Compound? Compound is a DeFi protocol that enables users to lend and borrow cryptocurrency without intermediaries, using smart contracts. Lenders supply assets to liquidity pools and earn interest, while borrowers take out loans by putting up collateral. The protocol’s native token, Compound (COMP), serves as a governance token. Holders use it to vote on decisions like adding new assets or adjusting risk parameters. COMP is also distributed to users as an incentive for participation. While COMP’s price has seen big swings since late 2024, Compound remains one of the most established DeFi projects out there. And with COMP playing a key role in governance and protocol upgrades, it’s still very much on investors’ radar. What will the Compound coin price prediction be for the near future and beyond? Compound crypto price prediction: general outlook Over the past month (late May to June 2025), COMP gained almost 10.3% — not bad. But in the past week, it gave nearly all of that back, dropping about 8%. And the slide hasn’t stopped yet: in the last 24 hours alone, it’s down another 3.5%. As we mentioned earlier, COMP is currently trading at around $45.84 (as of June 27). For some perspective, its all-time high was a massive $911.20 back in May 2021 —…
The post Compound price prediction | Is Compound a good investment? appeared on BitcoinEthereumNews.com.
At the end of 2024, the price of Compound’s DeFi token) shot past $121, riding the wave of a broader crypto rally led by Bitcoin. But after that high, COMP started to trend downward. By late May 2025, the token was trading around $40. The price then climbed to about $60.7 by June 10, before pulling back again to around $45.84 as of June 27. So where does COMP go from here? Is Compound a good investment? Let’s take a closer look at our Compound price prediction. What is Compound? Compound is a DeFi protocol that enables users to lend and borrow cryptocurrency without intermediaries, using smart contracts. Lenders supply assets to liquidity pools and earn interest, while borrowers take out loans by putting up collateral. The protocol’s native token, Compound (COMP), serves as a governance token. Holders use it to vote on decisions like adding new assets or adjusting risk parameters. COMP is also distributed to users as an incentive for participation. While COMP’s price has seen big swings since late 2024, Compound remains one of the most established DeFi projects out there. And with COMP playing a key role in governance and protocol upgrades, it’s still very much on investors’ radar. What will the Compound coin price prediction be for the near future and beyond? Compound crypto price prediction: general outlook Over the past month (late May to June 2025), COMP gained almost 10.3% — not bad. But in the past week, it gave nearly all of that back, dropping about 8%. And the slide hasn’t stopped yet: in the last 24 hours alone, it’s down another 3.5%. As we mentioned earlier, COMP is currently trading at around $45.84 (as of June 27). For some perspective, its all-time high was a massive $911.20 back in May 2021 —…
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