Despite the fact that Ethereum is rather stagnant at the moment, it has built round it's blockchain whereas when it sees a bull run, it's network tokens follows, and even when it's stagnant or retarding, it's blockchain network design still supports ERC-20 tokens to surge forward. Just a while ago I made reference to the Uniswap Protocol Token taking a trip up, at the point of writing this, the Uni token is just above $8 + a few cents. Nevertheless, there's a lot of earning and growing opportunities when it comes to crypto. The project I am about to present was rather looked down on, but it's shocking how fast we've gone to meet this, shits some neglected in the past. In the Crypto-sphere no Investment is totally a waste, so long as there's a good vision, mission, and a good team and supportive community to back that project, it is bound to reach certain heights.
Compound Crypto - A quick summary
Compound was co-founded by Robert Leshner and Geoff Hayes, launched in 2017. Compound is an ERC-20 network token, that implies that it is built and backed by the Ethereum Blockchain. Compound Token is an autonomous Compound protocol, Compound is decentralized in nature, blockchain-based protocol, it's design allows one to lend and borrow crypto. COMP token is a governance token and so it gives one power in governing the protocol, it utilizes smart contracts to lock up collateral and generate interest based on market demand. Some COMP free circulation was commenced on Coinbase, I don't know if it's still possible to grab some of it, you just have to watch a few videos and answer some question afterwards, I never really had my share of it, for some reasons I didn't get the questions even after watching the videos, weird. But notwithstanding, let's see how bullish COMP just got.
A prediction was made some time ago and I quote : "According to the Digital Coin Price source, the COMP coin price will increase soon. In one year, the Compound cryptocurrency rate can go up to $380. The asset price will grow exponentially. So by 2025, the asset price will be $807" -September 2020.
Looking at the chart above, that prediction is not far from legit. COMP just soared high as hell, hitting $215.96 with +11.70% reaching a new All TIME HIGH (ATH) at the time of writing this. The chart shows a very good flow right before and after the Ethereum pump. The Compound protocol token is really showing more strength and run up now than ever, if this perfect flow keeps on, then it's possible to reach $600 before the year runs out. Ethereum Blockchain is often most profitable in both bullish and bearish seasons, it's hard to see Bitcoin Retard, hard to see most TRC projects suffer the bearish market, but on a contrary, the ERC-20 Network space does all it can to support, stabilize and sustain growth in it's block-space. Despite any Volatile form that Ethereum may seem to display at some point, we always expect surprises when little percentage figures change and there's a green signal sending the tokens up, it's always a festive Season, and that's not debatable
