Author Topic: Compound Rocket Growth (Read 2281 times)

Hamzaal24 · « **on:** June 18, 2020, 11:47:18 AM »

Almost immediately after listing, Compound's COMP token has overtaken MKR as the largest DeFi token by market cap.

Meanwhile, the value locked in Compound has been skyrocketing, up over 200% in 2 days. If the trend continues, it will overtake MAKER to become the number 1 DeFi project by locked value, in just days.

- Source: https://Twitter.com/thedaomaker

Altcoins Talks - Cryptocurrency Forum · « **on:** June 18, 2020, 11:47:18 AM »

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masterrex · « **Reply #1 on:** June 18, 2020, 05:57:39 PM »

Sounds interesting! But as we all know Crypto Industry is very volatile, anything can happen without warning, IMHO, Compounds token success is just temporary don't get me wrong but I think these happen soon. It will return to normal as soon as the hype was over. Defi's momentum was overwhelming in just a short period they grow and now with Billion dollar MarketCap. amazing!

zendicator · « **Reply #2 on:** June 19, 2020, 04:05:49 PM »

i havent heard about compound until I read an announcement in ICO drops. It was an insane pump. I hope that it will not be a pump and dump scheme. It is confirmed that defi is trending now.

UNIVERSE · « **Reply #3 on:** June 19, 2020, 11:44:57 PM »

Currently, there are some coins that have a very significant increase, they are this Compound coin and also Origin protocol (OGN). Moreover, OGN has a more than 60% increase in 24 hours. It is very great and amazing, isn't it? And about this Compound coin, the price is almost reaching ETH. It is also in the top 24. I think that this coin will have a good future.

Fenix · « **Reply #4 on:** June 20, 2020, 06:01:47 AM »

It's nice to read that individual coins are now growing rapidly in value. This has not happened often lately. I hope this success is not for several days. It would be nice if many tokens did not succumb to the influence of the price dominance of bitcoin at all.