Compound $16.949 24h -0.065%
Since its inception, COMP saw a significant rise in the price of around 16.95% in return on investments or ROI. Currently, the rise in ROI for this asset is also reflected in its CoinMarketCap (CMC) rankings. Compound, at press time held the 135 rank by market capitalization among all the cryptocurrencies.
If you are looking for the most accurate Compound market forecast and price action analysis or prediction, you are in the right place. Our advanced price prediction tools let you understand better where the price of Compound COMP may go in the future.
Compound Price Action Overview
Through our data-driven approach, we aim to simplify complex crypto concepts related to price action for everyone in the web3 space. We cover an asset’s price action from scratch assessing, predicting, and decoding price action and indicators for users.
Compound since its inception has been a key part of the larger web3 ecosystem. Referring to the data and metrics given below for this crypto could help anyone paint a reliable picture of its future.
Currently, Compound traded at $16.949 and saw a price change of 0.12630141% in the last hour.
Compound - Explained
Compound came into being on June 16, 2020, 12:00 am, after which the crypto garnered significant attention. COMP has a maximum supply of ?. The asset’s current price is $16.949
Compound is a decentralized finance (DeFi) lending protocol that supports Ethereum-based tokens. Launched in 2018, this platform allows users to earn interest on their cryptocurrencies by depositing them into their liquidity pools.
Also, a user can request loans by depositing collateral. All the activities on the Compound are managed through autonomous smart contracts.
A user must deposit their cryptocurrencies in the Compound pool and then receive cTokens. These cTokens are the stake of users in the pool. For example, if you deposit ETH into a pool, you will receive cETH in return. Users can redeem these tokens to earn good interest on their stake.
Also, the Compound pool is used to secure a loan against collateral. The maximum loan-to-value (LTV) ratio differs based on the collateral asset. The interest rate paid varies by the borrowed asset.
The collateral is sold to liquidators at a 5% discount if it falls below the minimum maintenance level. In this way, borrowers can maintain their collateral levels. It provides an earning opportunity for liquidators.
COMP is the native token of the Compound platform. This cryptocurrency aims to incentivize users to participate in pools and secure loans. Users receive bonus COMP tokens each time they interact with the Compound protocol. It promotes user engagement with the protocol and ensures a healthy market.
Also, COMP tokens allow users to participate in the governance of this lending platform. They can propose changes to the protocol. The token holders can select which cryptocurrencies should be added to the platform.
These COMP tokens are available for trading on Coinbase Pro, Binance, and Huobi Global. Compound has become a popular platform, passing over $800 million in total locked value.
Compound - Historical Price Data: A Look into the Past Performance
In the ever-so volatile and turbulent world of cryptocurrencies, we will be diving into Compound history price data looking at major highs and lows throughout the years.
Given below is a price chart of Compound that shows the open price, close price, high price, and low price over a certain time period. The chart aims to highlight the volatility and price change in Compound accurately.
Compound - Price Action: Key Indicators
Compound price action is affected by multiple factors, but there are certain metrics that help us analyze COMP price in a clearer manner. Given below are a few fundamental indicators that provide a clearer idea of how price action can be affected based on volumes, supply, distribution, sentiment, and other metrics.
Daily Metrics (change):
Trading Volume (USD): The trading volume of COMP was 63899864. An asset’s daily trading volume represents the number or amount of assets traded on a specific day.
Daily Active Addresses: The 345 is the number of addresses that have been part of a transaction on Compound in the last 24 hours. Compound ‘s total active address count is around 345.
Supply Distribution On Exchanges: In the last 24 hours 2708142.7962952 COMP are currently held on exchanges. A higher supply on exchanges points towards liquidity and potential for trading activity among retailers.
Supply on exchanges can often be higher during sudden bull market or bear market situations where traders might want to buy or sell assets.
Supply Distribution Outside Exchanges: In the last 24 hours, 80628857.203705 COMP were held outside exchanges. Supply distribution outside exchanges usually represents assets that could be held for a longer term in cold storage/wallet.
A higher supply outside exchange or a sudden increase in this supply often indicates longer-term holders strengthening their portfolios and pointing towards a long-term bullish trend for the asset.
Transaction Volume Change (1D): The transaction volume of an asset is the volume of inflow or outflow in the past 24 hours. The transaction volume of Compound changed by 8756.9989905114 in the last 24 hours.
Mostly, a higher transaction volume suggests more activity in the market or higher optimism among users/traders.
Number Of Transactions (24h): Compound number of transactions in the last 24 hours shows the daily number of transactions completed on the Compound network.
Generally, an increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions thereby acting positively for the native currency.
Number Of Transactions (7D): Compound number of transactions in the last 7 days represents the number of transactions completed on the Compound network in the last 7 days.
Usually, increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions, a weekly trend shows a more sustained bullish or bearish trend for the asset.
Market Cap USD Change (1D): The change in market capitalization reflects the shift in the overall valuation of Compound. In the last 24 hours, the market cap change was around 0.001566765353.
Total Value Locked: The total value locked or allows investors to determine the total value (usually in USD) of a particular asset locked, or staked, on its blockchain.
A higher TVL signifies a more secure and valuable network and more confidence from participants in the project. The total TVL of Compound currently stands at ?.
Compound - How to analyze price action?
Compound price action is often in news due to the volatile nature of cryptocurrencies. Many analysts, websites and traders constantly aim to decode crypto price action analyzing various trends, indicators and metrics.
Through the wide range of indicators and their descriptions, we will aim to better understand where this crypto’s price action can move.
Currently, Compound price is $16.949. The crypto had an all time low price of $1 at the moment while the all time high price of this crypto as of now was $?.
Currency Name: Break Even Price
A look at the asset’s addresses in loss and profit shows us the total number of addresses in profit and their percentage as well as the total number of addresses in loss and their percentage. This also gives the idea that the break-even price is generally a price at which an investor suffers no profit or loss. The break-even price is usually the buying price of the asset
Compound - Price Analysis Indicators
Compound price forecasts and predictions in the market often rely on technical, fundamental, and on-chain analysis, a deep understanding of the crypto market, and an educated guesswork. Given below is Compound's future price prediction trajectory based on market analysis and estimated ROIs over the last couple of years.
Compound - Users and Social Sentiment Analysis
The social sentiment of an asset is key in assessing the psychology of the crowd around that crypto and the positions they hold in the market. Social sentiments indicate the ‘vibe’ of the crypto on social media platforms. It indicates the sentiment or general feeling around Compound at a certain time.
Active Users: The number of users currently engaging on various social media platforms for Compound was {social_active_users}. A higher number of active users represents more optimism in the crowds for that crypto.
Fear and Greed Index: The fear and greed index measures the sentiment in the market among holders and users. Generally, when the indicator points towards ‘fear’, it means that price action is either bearish or has undergone some sell-offs, while too much ‘greed’ reflects euphoria in the market and buying sentiment amid traders/investors. Currently, the fear and greed index for Compound is at 63.
Social Volume Changes (1D): The change in social volume reflects the shift in the social audience in the past 24 hours. It reflects upon the content that mentions Compound on different social media platforms.
The 24-hour social volume change is -0.25. If social volumes go lower it means that crowds are losing interest in the project or crypto while an increase in the same suggests heightened interest in it.
Total Positive Sentiment: The Total Positive Sentiment indicator highlights all the optimistic conversations around an asset on all social media combined. At the moment the total positive sentiment for Compound was around 0.
Social volume Reddit: The social volumes on Reddit signify the total number of content that mentions or talks about Compound on Reddit.
At the moment, Compound ‘s social volume on Reddit was around {social_volume_reddit}. Higher volumes on social media usually indicate more conversation around the asset or hype for that crypto on a particular platform.
Compound - Holders and Distribution Analysis
Number of holders: This indicator represents the number of people/organizations holding or investing in a particular crypto at the moment. In this case, the total number of entities holding Compound currently is about 9. A higher number of holders is usually a long-term bullish sign and indicates investors/traders' confidence in the project.
Circulation: The circulation metric reflects the number of unique coins or tokens being used during the said time period. So the one-day circulation would show the number of unique coins or tokens that were transacted during that particular day. Currently, the 1-day circulation for COMP was 93109.80783362.
Gini Index: The Gini index assesses or measures the distribution of wealth or coins within the cryptocurrency’s ecosystem. Thus, looking at the distribution of the crypto’s holdings among addresses or users, the indicator provides an interesting insight into the concentration of wealth within the ecosystem between different cohorts. At the moment, the Gini index of Compound was at 0.995827065205.
Compound - Volatility and Returns Analysis
Age Consumed: The age consumed indicator shows the total amount of tokens changing addresses at a given time, multiplied by the time since they last moved. At the moment the total age consumed of Compound is around 12575852.294562. Spikes on the graph signal a large amount of tokens moving after being idle for an extended period of time.
Annual inflation rate: The annual inflation rate metric gives the percentage change in the price of an asset over a given time period vs the change in the asset over the same time a year ago. This metric gives an idea of the price change on an annual basis. The annual inflation rate of Compound at the time is -0%.
A look at the historical price volatility data and major price movements of Compound, suggests that price can move. Compound has given an ROI of 16.95%% since its inception.
If one held COMP one year ago to this date, they might have achieved a return of 16.95%%. However, with the fluctuating market landscapes, the highlighted volatility of COMP's price hints towards an increase to N/A, by the end of 2026.
Compound Price Prediction
The average price of COMP in 2026 is estimated to be around $17.47. On an optimistic note, Compound could go as high as $N/A. On the lower circuit, COMP is not expected to go below $N/A.
Compound - A Technical Overview
Based on the current sentiment analysis of Compound we can spot that the market is currently pivoting towards Greed. Fear & Greed Index was at 63.
The price of Compound has changed by 0.12630141% in the last 1-hour. The change in price over the last one day or 24 hours has been -0.06457879% while the week-on-week price change of the asset is around 0%.
The 24-hour volume depicts the daily trade volumes of Compound which were about 8256710.1904138 currently. The change in volume since yesterday is around -29.4733. A rise in volume usually points towards more vibrant markets and higher trading among retailers, while slower market days usually see a lot fewer trade volumes.
At the moment, indicators are predicting a move towards the $17.966 price level over the next quarter. In the next six months, we can expect Compound to climb towards $18.983 if all goes well.
Compound Price Prediction Indicators
Price action indicators provide essential data and metrics used to conduct fundamental, technical, and on-chain analysis. It is pivotal to consider these indicators to forecast Compound’s future performance. These indicators include Compound's, market capitalization, current price, trading volume, circulating supply, and other indicators.
Compound coin/token is also often referred to as COMP. The current price of the asset oscillated at $17 while the market capitalization stood at $447912872. Currently, the crypto ranked 135 in the overall crypto market with a fully diluted market cap $169490880.41.
Trading volume, a key characteristic of market volatility, was around $63899864 in the last 24 hours. On a more vibrant day when traders are active (due to bullish or bearish factors), we can spot more activity in the market. This can be further broken down into exchange volumes for a better understanding of market dynamics.
Further, the circulating supply and maximum supply also have a direct impact on Compound price, its own price prediction, and its scarcity and demand. COMP has a fixed/no fixed supply of ? COMP while the circulating supply stands at 10,000,000.00 COMP.
Compound Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| September | $13.600 | $17 | $20.400 | 0.3% |
| October | $13.600 | $17 | $20.400 | 0.3% |
| November | $14.400 | $18 | $21.600 | 6.2% |
| December | $14.400 | $18 | $21.600 | 6.2% |
Based on technical analysis, on-chain analysis, and other variables that we monitor, the estimated high for 2026 is N/A while the estimated low for the year is N/A. COMP is likely to be near $18 by the end of the year. COMP price prediction for 2024 is dependent on several factors, the primary ones include price history, regulatory actions, and geo-political issues.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
Compound Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $20.800 | $26 | $31.200 | 53.4% |
| February | $20.800 | $26 | $31.200 | 53.4% |
| March | $20.000 | $25 | $30.000 | 47.5% |
| April | $20.000 | $25 | $30.000 | 47.5% |
| May | $19.200 | $24 | $28.800 | 41.6% |
| June | $19.200 | $24 | $28.800 | 41.6% |
| July | $18.400 | $23 | $27.600 | 35.7% |
| August | $18.400 | $23 | $27.600 | 35.7% |
| September | $17.600 | $22 | $26.400 | 29.8% |
| October | $17.600 | $22 | $26.400 | 29.8% |
| November | $16.800 | $21 | $25.200 | 23.9% |
| December | $16.800 | $21 | $25.200 | 23.9% |
For 2025, the estimated high is N/A and the low is N/A. The average COMP price is likely to hover around the N/A mark. Notwithstanding these estimates, COMP price will be near $23 by the end of 2027. COMP price prediction 2027 will depend on mid-long-term market conditions, price history, and other factors.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
Compound Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| September | $13.600 | $17 | $20.400 | 0.3% |
| October | $13.600 | $17 | $20.400 | 0.3% |
| November | $14.400 | $18 | $21.600 | 6.2% |
| December | $14.400 | $18 | $21.600 | 6.2% |
Projections based on past data show that in 2026, COMP could go as high as N/A or as low as N/A. At the same time, the average price in 2026 is expected to be near N/A. For (2026), COMP price predictions will display significant influence from the broader global market, not just the US crypto market.
Compound Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $14.400 | $18 | $21.600 | 6.2% |
| February | $15.200 | $19 | $22.800 | 12.1% |
| March | $15.200 | $19 | $22.800 | 12.1% |
| April | $16.000 | $20 | $24.000 | 18.0% |
| May | $16.000 | $20 | $24.000 | 18.0% |
| June | $16.000 | $20 | $24.000 | 18.0% |
| July | $16.800 | $21 | $25.200 | 23.9% |
| August | $16.800 | $21 | $25.200 | 23.9% |
| September | $17.600 | $22 | $26.400 | 29.8% |
| October | $17.600 | $22 | $26.400 | 29.8% |
| November | $18.400 | $23 | $27.600 | 35.7% |
| December | $18.400 | $23 | $27.600 | 35.7% |
In 2027 COMP could climb as high $23 or could plummet to $18.000 on the other end of the spectrum, if bears take control. We expect COMP to flirt with the $20.000 throughout that year. COMP price predictions for 2027 will likely be influenced by analysts’ overall mid to long-term take on market conditions.
Compound Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $19.200 | $24 | $28.800 | 41.6% |
| February | $19.200 | $24 | $28.800 | 41.6% |
| March | $20.000 | $25 | $30.000 | 47.5% |
| April | $20.000 | $25 | $30.000 | 47.5% |
| May | $20.800 | $26 | $31.200 | 53.4% |
| June | $20.800 | $26 | $31.200 | 53.4% |
| July | $21.600 | $27 | $32.400 | 59.3% |
| August | $21.600 | $27 | $32.400 | 59.3% |
| September | $22.400 | $28 | $33.600 | 65.2% |
| October | $22.400 | $28 | $33.600 | 65.2% |
| November | $23.200 | $29 | $34.800 | 71.1% |
| December | $24.000 | $30 | $36.000 | 77.0% |
In 2028, COMP could rise to $30 with the average price at around $26.000. On the other hand, we expect COMP to hit the lower price range of $24.000 if bearish tones set in. The COMP 2028 price prediction could incorporate a long-term outlook of the crypto and traditional finance market. Note that the next US presidential elections are likely to be held in 2028 and could have a significant impact on price action.
Compound Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $24.000 | $30 | $36.000 | 77.0% |
| February | $24.800 | $31 | $37.200 | 82.9% |
| March | $24.800 | $31 | $37.200 | 82.9% |
| April | $25.600 | $32 | $38.400 | 88.8% |
| May | $26.400 | $33 | $39.600 | 94.7% |
| June | $26.400 | $33 | $39.600 | 94.7% |
| July | $27.200 | $34 | $40.800 | 100.6% |
| August | $28.000 | $35 | $42.000 | 106.5% |
| September | $28.800 | $36 | $43.200 | 112.4% |
| October | $28.800 | $36 | $43.200 | 112.4% |
| November | $29.600 | $37 | $44.400 | 118.3% |
| December | $30.400 | $38 | $45.600 | 124.2% |
For the year 2029, according to our prediction, COMP could witness a high of $38. While it could also dip to a low of $30.000. The average price in 2029 is expected to hover around the $33.000 mark. COMP’s 2029 price prediction is a long-term forecast dependent on market conditions and the aftermath of the political activity of the preceding year.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
