Compound Coin Price Prediction 2024 – 2025 – 2030 | COMP Price Forecast


Compound is a decentralized algorithmic money market protocol running on the Ethereum blockchain that uses lending pools to facilitate loans in a variety of cryptocurrencies. Borrowers can take out collateralized loans, while lenders that make funds available to the lending pools can earn income on their deposits via specially-issued native tokens.

Put simply, Compound allows users to deposit cryptocurrency into lending pools for access by borrowers. Lenders then earn interest on the assets they deposit. 

Once a deposit is made, Compound awards a new cryptocurrency called a cToken (which represents the deposit) to the lender. Examples of cTokens include cETH, cBAT and cDAI.

Each cToken can be transferred or traded without restriction, but it is only redeemable for the cryptocurrency initially locked in the protocol. This entire process is automatic and handled by the Compound code, meaning lenders can withdraw deposits at any time.

To incentivize this activity, Compound uses another cryptocurrency native to its service, called COMP. Every time a user interacts with a Compound market (by borrowing, withdrawing or repaying the asset), they are rewarded with additional COMP tokens.

While complex, the model has so far proved adept at attracting users and encouraging other DeFi cryptocurrencies to adopt its model.

Lending tokens on Compound are a great way to have your crypto holdings acquire compounding interest over time. Compound currently hosts 14 pools of different cryptocurrencies like Ethereum, Uniswap and also stablecoins like DAI. Each of these pools has different lending and borrowing interest rates which are the same for everyone independently of how many tokens they supply or borrow. You can hold your position within a pool for as long as you want and freely withdraw your funds as you please.

Exchanges

✔️Binance for highest liquidity and coin choice. 
✔️Gate.io & ✔️KuCoin for gem hunters. 
✔️ByBit for leveraged trading
(✔️Margex for really crazy leverages).

Wallets

Hardware wallets are the safest! Pick one of the three:
✔️Ledger Nano X
✔️Trezor 
✔️CoolWallet Pro.

Tax Calculators

Don’t get in trouble with the government let these magic tools do all the heavy-lifting when it comes to your crypto taxes:
✔️Koinly
✔️Cointracking
✔️ZenLedger.

Trading Tools

A good charting tool is a must if you want to try yourself out as a day-trader. ✔️Tradingview is best known but
✔️Bitsgap
✔️Coinrule
✔️Cryptohopper
are also excellent plus they allow automated trading.

Compound Price Prediction For The Next 90 Days

As the first few months of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems.

With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment.

Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards post-halving rallies, with the BTC halving now behind us.

Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $60k now, after it hit a new ATH of $73k in March.

Ethereum has also grown following ETF approvals, with many anticipating ETH ETF approvals could be next. Ethereum is trading around $3,000 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon.

The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. Bitcoin ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.2 trillion.

Below is a tabular overview of how will COMP develop in the short-term (for the next 90 days), according to our prediction model:

Next 30 days
Next 60 days
Next 90 days
2024-05-25
+0.15 % $59.06
2024-05-26
+7.19 % $63.21
2024-05-27
-1.06 % $58.35
2024-05-28
+2.87 % $60.67
2024-05-29
+4.25 % $61.48
2024-05-30
-2.23 % $57.66
2024-05-31
-3.75 % $56.76
2024-06-01
+3.98 % $61.32
2024-06-02
+2.28 % $60.32
2024-06-03
+3.52 % $61.05
2024-06-04
+4.34 % $61.53
2024-06-05
-0.64 % $58.60
2024-06-06
-1.26 % $58.23
2024-06-07
-4.39 % $56.38
2024-06-08
-1.51 % $58.08
2024-06-09
+1.07 % $59.61
2024-06-10
-8.42 % $54.01
2024-06-11
+0.29 % $59.14
2024-06-12
-2.62 % $57.43
2024-06-13
-9.15 % $53.58
2024-06-14
-4.60 % $56.26
2024-06-15
-7.74 % $54.41
2024-06-16
-7.38 % $54.62
2024-06-17
-8.92 % $53.71
2024-06-18
-8.96 % $53.69
2024-06-19
-12.06 % $51.86
2024-06-20
-5.78 % $55.56
2024-06-21
-6.13 % $55.36
2024-06-22
-9.62 % $53.30
2024-06-23
-5.19 % $55.91
2024-06-24
-5.72 % $55.60
2024-06-25
-7.91 % $54.31
2024-06-26
-12.18 % $51.79
2024-06-27
-13.09 % $51.25
2024-06-28
-8.48 % $53.97
2024-06-29
-10.10 % $53.02
2024-06-30
-16.50 % $49.24
2024-07-01
-12.31 % $51.72
2024-07-02
-10.55 % $52.75
2024-07-03
-10.24 % $52.94
2024-07-04
-19.11 % $47.70
2024-07-05
-15.76 % $49.68
2024-07-06
-16.45 % $49.28
2024-07-07
-18.33 % $48.16
2024-07-08
-20.90 % $46.65
2024-07-09
-21.18 % $46.49
2024-07-10
-16.22 % $49.41
2024-07-11
-17.90 % $48.42
2024-07-12
-18.82 % $47.87
2024-07-13
-21.24 % $46.45
2024-07-14
-22.56 % $45.67
2024-07-15
-23.73 % $44.98
2024-07-16
-22.64 % $45.62
2024-07-17
-22.52 % $45.69
2024-07-18
-22.63 % $45.63
2024-07-19
-23.91 % $44.88
2024-07-20
-22.73 % $45.57
2024-07-21
-27.31 % $42.87
2024-07-22
-23.47 % $45.13
2024-07-23
-21.01 % $46.58
2024-07-24
-26.01 % $43.63
2024-07-25
-25.72 % $43.81
2024-07-26
-26.12 % $43.57
2024-07-27
-24.03 % $44.80
2024-07-28
-29.31 % $41.69
2024-07-29
-25.24 % $44.09
2024-07-30
-25.04 % $44.21
2024-07-31
-31.67 % $40.30
2024-08-01
-25.58 % $43.89
2024-08-02
-28.44 % $42.20
2024-08-03
-29.05 % $41.84
2024-08-04
-33.03 % $39.50
2024-08-05
-29.23 % $41.73
2024-08-06
-30.50 % $40.99
2024-08-07
-28.41 % $42.22
2024-08-08
-29.24 % $41.73
2024-08-09
-31.95 % $40.13
2024-08-10
-34.79 % $38.46
2024-08-11
-34.99 % $38.34
2024-08-12
-37.12 % $37.08
2024-08-13
-36.99 % $37.16
2024-08-14
-33.80 % $39.04
2024-08-15
-37.88 % $36.63
2024-08-16
-36.65 % $37.36
2024-08-17
-36.15 % $37.66
2024-08-18
-40.13 % $35.31
2024-08-19
-40.74 % $34.95
2024-08-20
-40.59 % $35.04
2024-08-21
-36.32 % $37.55
2024-08-22
-42.40 % $33.97

COMP Price Prediction 2024

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023.

2024 Jun
-16.50 % $49.24
2024 Jul
-31.67 % $40.30
2024 Aug
-21.91 % $46.05
2024 Sep
-18.57 % $48.02
2024 Oct
-8.78 % $53.80
2024 Nov
-1.40 % $58.15
2024 Dec
+8.73 % $64.12
2025 Jan
+13.34 % $66.84
2025 Feb
+20.26 % $70.92
2025 Mar
+27.89 % $75.42
2025 Apr
+33.15 % $78.52
2025 May
+42.50 % $84.04

Compound Price Prediction 2025 – 2030 – 2040

Our prediction model sees COMP reaching new highs in 2025:

$368.00

COMP price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.

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Torsten Hartmann
Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

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