• About Us
  • Contact Us
  • Cookie policy (EU)
  • Home
  • Privacy Policy
  • Video
  • Write for us
Today Headline
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
No Result
View All Result
TodayHeadline
No Result
View All Result

Why Compound (COMP) could be a high potential buy today

March 15, 2022
in Finance
0
Top-rated upcoming DeFi projects worth your consideration
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


  • COMP is trading at massive lows and has broken the $100 support.
  • COMP adoption is growing, and overall, DeFi adoption is growing.

  • If the broader market turns bullish again, COMP could give investors a high ROI.

Compound (COMP) has underperformed the broader market since late 2021. That’s despite the fact that the entire cryptocurrency market has been in a bear market since November. While its price action has hurt those who got in at its peak, Compound is currently trading at a good entry point for anyone who would love to get in now.

From highs of over $800 last year, Compound just recently broke through the $100 mark, which is key long-term support. This could indicate that lower prices could be coming in the short term, especially now that the broader market is bearish.

However, despite the current price movements, Compound still stands out among one of the most fundamentally strong cryptos in the market. Compound is one of the largest DeFi protocols in the market and currently has a total value locked of $6.41 billion. This means as the DeFi market grows, so will the value of Compound.

So far, things look pretty good for DeFi. Billions of dollars are now in DeFi, and the numbers are rising. Even bankers are getting out of centralized finance to try a hand in DeFi. At the same time, crypto regulations are getting better, which means Compound and other DeFi protocols are likely to grow even bigger going forward.

Compound at a good entry point

Source: TradingView

The best time to buy any asset is when it’s trading at massive lows. That’s when wealth is made. In the case of Compound, it is trading at massive lows, and if the market turns bullish again, COMP is one of those that could give you massive gains.

Summary

Compound is currently trading at massive lows. With DeFi on a growth path, COMP could record massive growth once the market turns bullish.

Previous Post

Why U.S. VW dealers will get a boost in inventory because of Ukraine war

Next Post

Trump says a ‘lot of love’ behind Putin’s decision to invade Ukraine

Related Posts

Porsche and Piech families seek tighter control of VW
Finance

Porsche and Piech families seek tighter control of VW

HAMBURG — Volkswagen's controlling shareholder...

Read more
Reuters reveals business payments firm Billtrust up for sale
Finance

Reuters reveals business payments firm Billtrust up for sale

Business & Finance27 July 2022,...

Read more
Studying For The CFP Exam
Finance

Studying For The CFP Exam

The Certified Financial Planner designation...

Read more
How Ads Are Being Used to Tell Russians the Truth About Putin’s War
Finance

How Ads Are Being Used to Tell Russians the Truth About Putin’s War

A Ukrainian woman uses porn...

Read more
Reuters reveals former Republicans and Democrats form new third U.S. political party
Finance

Reuters reveals former Republicans and Democrats form new third U.S. political party

27 July 2022, 5:57 pm....

Read more
Load More
Next Post
Trump says a ‘lot of love’ behind Putin’s decision to invade Ukraine

Trump says a ‘lot of love’ behind Putin’s decision to invade Ukraine

  • Trending
  • Comments
  • Latest
Epic Systems campus, a fantasyland of gardens and architecture, Part 1

Epic Systems campus, a fantasyland of gardens and architecture, Part 1

Redfall is making a 30 minute-long appearance at QuakeCon

Redfall is making a 30 minute-long appearance at QuakeCon

Green-roof prairie and fantasy gardens at Epic Systems, Part 2

Green-roof prairie and fantasy gardens at Epic Systems, Part 2

Six times actors really romped in sex scenes that make 365 DNI look tame

Six times actors really romped in sex scenes that make 365 DNI look tame

She trains formerly incarcerated people to work with plants

She trains formerly incarcerated people to work with plants

Martin Lewis calls on ‘zombie government’ to wake up

Martin Lewis calls on ‘zombie government’ to wake up

Porsche and Piech families seek tighter control of VW

Porsche and Piech families seek tighter control of VW

BMW i5

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

She trains formerly incarcerated people to work with plants

She trains formerly incarcerated people to work with plants

Martin Lewis calls on ‘zombie government’ to wake up

Martin Lewis calls on ‘zombie government’ to wake up

She trains formerly incarcerated people to work with plants

She trains formerly incarcerated people to work with plants

Martin Lewis calls on ‘zombie government’ to wake up

Martin Lewis calls on ‘zombie government’ to wake up

Porsche and Piech families seek tighter control of VW

Porsche and Piech families seek tighter control of VW

  • Real Estate
  • Education
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

No Result
View All Result
  • Real Estate
  • Education
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist