Compound crypto price prediction
Compound crypto price prediction for 10 years duration from 2022 to 2031.
What is compound
According to the whitepaper “Compound finance is a decentralized protocol that establishes money markets with algorithmically, set interest rates based on supply and demand allowing users to frictionlessly exchange the time value of Ethereum assets”.
compound founded by the economist Robert Leshner, is decentralized finance or DeFi protocol. It is built on a system of accessible smart contracts built on the Ethereum blockchain. Compound allows lenders to provide loans and borrowers to take them out by locking their respective crypto assets in the protocol. Its native token comp enables users to earn interest transfers and trade their money. Comp tokens are created each time a user deposits their crypto assets into compounds protocol and those users automatically receive the comp equivalent of the deposited currency as collateral.
Compound Overview
| Project Parameters | Detail |
|---|---|
| Name of Project | Compound |
| Stock Symbol | COMP |
| Current Price | $103.65 |
| Current Rank | 95 |
| Current Circulating Supply | 6,624,886.51 COMP |
| Total Supply / Max Supply | 10,000,000 |
| 24H Price Change | 1.58% |
| Market Cap | $686,692,038 |
| All-Time High | $854 (10-May-2021) |
| Official Website | https://compound.finance/governance/comp |
Compound Past Price Analysis
The coin price start rising from $64 at the time of listing on coinmarketcap and reached its all-time high value of $854 (10-May-2021). Then the downtrend of this crypto started and this coin dropped to 234 dollars. It again goes up to the price of 508$ and till now is in a down trend.
Compound Crypto Price Prediction 2022 to 2031
The future Compound price predictions by applying deep artificial intelligence and technical analysis based on past price data of Compound. We do our best to collect maximum historical data for the COMP coin which includes multiple parameters like past price, Compound market cap, Compound volume, and a few more. The prices are predicted by many other platforms but digitalcoinprice.com predictions are looking to be more consistent.
Compound Crypto Price Prediction 2022: According to technical analysis on past price data of Compound cryptocurrency, In 2022 the price of COMP coin is predicted to reach a minimum level of $126.69. The Compound cryptocurrency price can reach a maximum level of $145.57 with an average trading price of $135.58.
Compound Price Prediction 2023: The price of the COMP token is forecasted to reach a minimum level of $136.99 in 2023. The Compound crypto price can reach a maximum level of $163.97 with an average price of $152.06 throughout 2023.
COMP Price Forecast for 2024: In 2024 the price of the Compound Crypto is predicted to reach a minimum level of $126.38. The COMP coin price can reach a maximum level of $181.75 with an average trading price of $146.69. $
COMP Crypto Price Forecast for 2025: The price of a single COMP cryptocurrency is expected to reach a minimum level of $178.22 in 2025. The COMP crypto price can reach a maximum level of $218.73 with an average price of $202.57 throughout 2025.
Compound Price Prediction 2026: The compound crypto price is forecast to reach the lowest possible level of $167.79 in 2026. the COMP coin price could reach a maximum possible level of $201.30 with the average forecast price of $187.02.
Compound Crypto Price Prediction 2027: In 2027 the price of Compound (COMP) crypto is forecasted to be at around a minimum value of $199.00. The Compound price value can reach a maximum of $283.77 with an average trading value of $244.21.
Compound (COMP) Price Prediction 2028: The price of the COMP crypto is predicted to reach a minimum value of $302.72 in 2028. The Compound price could reach a maximum value of $366.86 with an average trading price of $325.67 throughout 2028.
Compound Price Forecast 2029: As per the technical analysis, In 2029 the price of COMP crypto is expected to reach a minimum price value of $404.93. The Compound cryptocurrency price can reach a maximum price value of $436.77 with an average value of $417.33.
Compound (COMP) Price Prediction 2030: The price of the Compound crypto is predicted to reach a minimum value of $458.23 in 2030. The COMP coin price could reach a maximum value of $489.43 with an average trading price of $476.56 throughout 2030.
Compound Crypto Price Prediction 2031: The COMP Crypto price is forecast to reach the lowest possible level of $508.62 in 2031. The compound coin price could reach a maximum possible level of $580.66 with the average forecast price of $547.62.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2022 | $126.69 | $135.58 | $145.57 |
| 2023 | $136.99 | $152.06 | $163.97 |
| 2024 | $126.38 | $146.69 | $181.75 |
| 2025 | $178.22 | $202.57 | $218.73 |
| 2026 | $167.79 | $187.02 | $201.30 |
| 2027 | $199.00 | $244.21 | $283.77 |
| 2028 | $302.72 | $325.67 | $366.86 |
| 2029 | $404.93 | $417.33 | $436.77 |
| 2030 | $458.23 | $476.56 | $489.43 |
| 2031 | $508.62 | $547.62 | $580.66 |
Other Compound crypto price predictions
The COMP Crypto price is forecast to reach the highest possible level of $812.50 in 2026 and $5,488.70 in 2031 (priceprediction.net). The Compound price could reach a maximum possible level of $347 in 2031 (coinpriceforecast). The comp price predictions by the technical analyst of priceprediction.net are very bullish for next years, but not impossible.
FAQs
How to Buy COMP Tokens?: The Compound cryptocurrency is listed on around 140+ exchanges including the top best crypto exchanges Binance, Huobi Global, and Coinbase Exchange. So you can buy from these exchanges depending on your choice you can choose other exchanges as well.
Is COMP a good investment?: As cryptocurrency is very volatile and this coin is dropped around 90+ Percent from its all times the high value. Much technical analysis shows that this crypto is bullish in long run, but still, we recommend doing your own research.
