Story Highlights
- The live price of the COMP crypto is $ 42.20121662.
- 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
| Cryptocurrency | Compound |
| Token | COMP |
| Price | $ 42.20121662   -1.86% |
| Market cap | $ 353,553,080.1091 |
| Circulating Supply | 8,377,793.5431 |
| Trading Volume | $ 31,178,397.0672 |
| 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 $30.
| Quarter | Potential Low ($) | Potential Average ($) | Potential High ($) |
| Q3 | 30 | 45 | 60 |
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 $67.5.
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2024 | 25 | 67.5 | 100 |
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 $119.54.
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2025 | 67.15 | 119.54 | 151.93 |
Compound Price Action 2026 – 2030
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | 141.38 | 174.42 | 207.46 |
| 2027 | 199.36 | 223.83 | 248.31 |
| 2028 | 224.19 | 259.42 | 294.65 |
| 2029 | 286.55 | 318.87 | 351.20 |
| 2030 | 336.14 | 374.40 | 412.66 |
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 Name | 2024 | 2025 | 2030 |
| 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 $25.
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2024 | 25 | 67.5 | 100 |
Historical Market Sentiments
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
Compound entitles lenders and borrowers to provide and take out loans by locking their assets into the protocol.
According to our COMP price prediction, the altcoin might surge as high as $100 by the end of 2024.
The compound is managed by a decentralized community of COMP token-holders and their delegates, who propose and vote on upgrades to the protocol.
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.
The community has created a Compound Forum to discuss governance proposals, and share ideas.
COMP is available for trade across leading cryptocurrency exchange platforms such as Coinbase Pro, Huobi Global, and Binance, amongst others.
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Source: https://coinpedia.org/price-prediction/comp-compound-price-prediction/