Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.
By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into the future with good governance.
Compound (COMPBTC) caught my attention recently... This one is available for trading on Binance, Bittrex, Coinbase, Okex, and HitBTC... More exchanges than usual.
When you look at the COMPUSDT pair, this one is available on Poloniex, KuCoin, and FTX, reaching all major exchanges.
Compound (COMPBTC) Chart Analysis
This one has little history and the potential to bounce from current prices... But there aren't any strong bullish signals, prices can as easily continue lower.
This is not financial advice.
Namaste.
Comment
⋅
0.0156 my next target...
Comment
⋅
Full trade shared August 7 (BC) --------------- Compound | COMPBTC
With all the movement in the Defi sector, I have really been looking closely at this one. I have seen a pattern forming after the release on coinbase, and feel it will retrace and move up. DEFI is going to be HUGE, in the coming future.
Bluechipinvestments
⋅
@Bluechipinvestments, I am incredibly proud as I continue to learn and follow, being able to make trades that are profitable. Still learning and growing, I appreciate your content.
Bluechipinvestments
⋅
Check out maker, HUGE Gap/ The price is on its way, this is as good as Comp.