Compound news
Compound (COMP) is the governance token of decentralized cryptocurrency lender Compound.
The ERC-20 asset was first introduced back in February to hand power from the company to the users of the protocol.
Initially, only some of the Compound’s stakeholders were able to get their hands on the token, but they earlier voted to distribute it to all users.
The distribution of the token began on June 15 after the completion of its testnet trial.
After being listed on Coinbase on June 18, the token witnessed a massive 150 percent price rally from its initial trading price of roughly $62.
The maximum number of tokens that will ever be in circulation is restricted to 10 million.
Advertisement
Nov 3, 2024 - 17:41
Bitcoin Forms Terrifying "Gravestone Doji" Candle on Weekly Chart
Nov 3, 2024 - 9:17
Bitcoin (BTC) Plunges to $67K as Ethereum (ETH) Approaches Key Support
Oct 31, 2024 - 15:17
Bull Run in 2025? Ex-Binance Boss CZ May Have Just Hinted at It
Advertisement
Oct 30, 2024 - 18:57
Scaramucci on Bitcoin Price: "It's Still Very Early"
Oct 29, 2024 - 20:12
Bitcoin Dominance Hits 60% as BTC Price Hits $73K
Oct 29, 2024 - 18:27
$223 Million Worth of Shorts Annihilated as Bitcoin Eyes New ATH
Oct 29, 2024 - 16:20
Bitcoin (BTC) Price Hits $100,000 in Canada
Oct 29, 2024 - 13:39
SHIB Leaves AVAX Behind, Is ADA Next?
Advertisement
Oct 29, 2024 - 5:20
Bitcoin (BTC) Breaks Above $71,000 as ETFs Record Massive Inflows
Oct 27, 2024 - 11:21
Bitcoin Dominance Approaches 60%, Will Uptrend Persist?
Oct 25, 2024 - 18:22
Breaking: Tether CEO Reacts to Report of US Government Crackdown
Oct 22, 2024 - 19:47
"Most Anticipated" Bitcoin Breakout: Legendary Trader Brandt Shares Crucial Chart
Oct 22, 2024 - 14:28
SEC Includes Cryptocurrency in Top Priorities for 2025
Oct 18, 2024 - 18:39
Dogecoin (DOGE) Can "Run" to $1, Top Trader Predicts
Oct 18, 2024 - 14:53
MicroStrategy, Coinbase, and Other Stocks in Green as Bitcoin Traders Become Greedy
Oct 17, 2024 - 15:18
Meme Coins (DOGE, SHIB) to Hit $1 Triillion Market Cap This Cycle: Jeremie Davinci
Oct 16, 2024 - 12:48
Cryptocurrency Market Witnesses Greed Levels Not Seen Since July
Oct 14, 2024 - 15:20
Investing Just $1,000 In Bitcoin 14 Years Ago Would Have Resulted in Massive Fortune
Oct 13, 2024 - 11:23
Bitcoin Search Volume Hits New Yearly Low
Oct 11, 2024 - 7:48
Legendary Trader Brandt Warns Bitcoin Price Might Collapse by More Than 75%
Oct 10, 2024 - 15:40
Bitcoin Reacts to Hotter-Than-Expected Inflation Data
Oct 8, 2024 - 14:42
Crypto 'Supercycle Can Start Any Day,' SHIB Team Tells Community, Here's Catch
Oct 7, 2024 - 15:32
'Money out of Crypto into China': CNBC's Jim Cramer Sounds Alarm
Oct 7, 2024 - 14:39
Bitcoin (BTC) Price Reclaims $64K Following Saylor’s “Winning” Message
Advertisement
Advertisement