Compound Price Prediction 2024 – 2030: Can COMP Surge To $100?

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Compound Price Prediction 2024, 2025

The post Compound Price Prediction 2024 – 2030: Can COMP Surge To $100? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the COMP crypto is  $ 42.20638281.
  • Compound price could reach a maximum of $100 by 2024.
  • This altcoin could surpass $400 mark with a high of $412.66 by 2030.

With the bullish 2024 turning gaining momentum, the buyers are preparing for the positive events ahead. With Compound having a sideways low volatile trend in motion, the breakout moment will be the trendsetter for 2024.

Further, this project has been one of the top-performing coins in 2023, reflecting the demand present for the altcoin. Hence, the chances are significant for it to reignite the bull run in 2024.

Are you considering this altcoin for your investment portfolio? Look no further, as we decode the possible COMP price prediction for 2024 and the years to come!

Overview

CryptocurrencyCompound
TokenCOMP
Price $ 42.20638281 red -1.88%
Market cap $ 353,596,361.3469
Circulating Supply 8,377,793.5431
Trading Volume  $ 31,169,932.4211
All-time high$911.20 on 12th May 2021
All-time low$25.55 on 10th June 2023
24 High $ 0.0000
24 Low $ 0.0000

Compound Price Action Q3 2024

If the COMP price regains momentum, it could surpass of its resistance and prepare to test its upper high of $60.

On the negative side, a bearish action could pull the price of this altcoin toward its low of $30.

QuarterPotential Low ($)Potential Average ($)Potential High ($)
Q3304560

COMP Price Projection 2024

The year could turn fruitful for Compound, if the crew behind the platform announces community-building initiatives. In such optimistic scenarios, the price might escalate to a maximum of $100

On the contrary, ebbing volumes amidst a possible crash, could knock the price down to $25. With this, the average price could settle at around $67.5.

YearPotential Low ($)Potential Average ($)Potential High ($)
20242567.5100

Compound Price Prediction 2025

If this project concentrates on several developments and manages to increase its userbase, the digital coin could climb higher. This could lead its price toward a high of $151.93.

However, regulatory norms and restrictions across the globe, could shrink the price to $67.15. Concluding, the lack of propelling events could hamper the price projection to average levels of $119.54.

YearPotential Low ($)Potential Average ($)Potential High ($)
202567.15119.54151.93

Compound Price Action 2026 – 2030

YearPotential Low ($)Potential Average ($)Potential High ($)
2026141.38174.42207.46
2027199.36223.83248.31
2028224.19259.42294.65
2029286.55318.87351.20
2030336.14374.40412.66

Compound Coin Price Forecast 2026

The COMP coin price action for the year 2026 could range between $161.38 to $207.46 and the average price could be around $184.42.

COMP Token Price Prediction 2027

The Compound price could bounce between $199.36 to $248.31 during 2027. With this, its average price could be around $223.83.

Compound Crypto Price Forecast 2028

COMP crypto prediction for the year 2028 could range between $224.19 to $294.65 and the average price could be around $259.42.

COMP Price Target 2029

During 2029, the Compound price could range between $286.55 to $351.20 with an average trading price of $318.87.

Compound Price Prediction 2030

COMP predictions for the year 2030 could range between $336.14 to $412.66 and the average price could be around $374.40.

What Does The Market Say?

Firm Name202420252030
Wallet Investor$6.448$11.736
Priceprediction.net$62.25$87.84$614.73
DigitalCoinPrice$88.08$105.07$305.70

CoinPedia’s Comp Price Prediction

Hodlers, marketers, and savvies are quite optimistic of Compound. If the network posses major partnerships and adoptions in the near future.

Then the price of COMP could surge to a maximum of $100 by the end of 2024. That said, if it loses out on steam amidst diverging interest of marketers, the price could stumble down to $25.

YearPotential Low ($)Potential Average ($)Potential High ($)
20242567.5100

Historical Market Sentiments

Compound Historic Market SentimentsTradingView: COMP/USDT

To read our price prediction of Chiliz (CHZ) click here!

Conclusion

Based on Compound’s vital growth metrics, like rising TVL and adoption trends, the predictions discussed see the potential for COMP to regain its upward momentum once macro factors stabilize.

Both protocol-specific and broader economic variables will determine COMP’s price path. Further research on evolving DeFi use cases, regulatory dynamics, and correlations with benchmark assets like Bitcoin could provide additional context.

FAQs

How does the COMP protocol work?

Compound entitles lenders and borrowers to provide and take out loans by locking their assets into the protocol. 

What will the maximum price of COMP be by the end of 2024?

According to our COMP price prediction, the altcoin might surge as high as $100 by the end of 2024.

Who controls compound protocol?

The compound is managed by a decentralized community of COMP token-holders and their delegates, who propose and vote on upgrades to the protocol.

What is the Bitcoin price prediction for 2025?

According to our Compound price prediction, the COMP price could possibly reach as high as $151.93 by the end of 2025. COMP is predicted to reach a high of $412.66 by the end of 2030.

How Can Users Get Involved In Compound Governance?

The community has created a Compound Forum to discuss governance proposals, and share ideas.

Where can I trade COMP?

COMP is available for trade across leading cryptocurrency exchange platforms such as Coinbase Pro, Huobi Global, and Binance, amongst others.

COMP
BINANCE
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