Compound (COMP), a major player in the DeFi sector, have seen varying predictions about its future price. While some suggest potential stagnation or even a risk of an 11% price drop, others predict a possible surge to $100, even considering the COMP token dropped 6.7% after allegations of a 'governance attack' on Compound DAO.
Compound Finance proposals have been embroiled in controversy over similar allegations, leading to fluctuations in the COMP token price. The Compound's COMP token is becoming increasingly accessible, with listings on platforms such as
Coinbase and Robinhood to reach retail crypto traders. Nevertheless, concerns of a 'governance attack' have resulted in legal action, with a lawsuit questioning the liability of the DAO’s VC backers for COMP token holders’ losses. In response to security concerns, Compound Finance launched a $1M bug bounty program. Furthermore, platforms like TradeStation Crypto and
Robinhood added COMP to their offerings. Despite mixed predictions for its price, the COMP coin is reportedly undergoing retests following significant breakouts, suggesting potential for future rallying.
COMP Coin News Analytics from Sat, 20 Jun 2020 07:00:00 GMT to Tue, 04 Feb 2025 17:24:54 GMT -
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- Innovation 3
- Information 7
- Rumor -1
