Compound Review: What The Data Tells Us

I've been watching Compound lately, and there's a lot to unpack here. Let me break down what's been happening and what the data is telling us.

📈 Current Price Action

At $26.53, the price action has been relatively stable lately. The 7-day trend is showing strong bullish momentum, which is worth noting.

Compound price movement over the last 7 days

💰 Market Metrics

Market cap stands at $256.56M, placing it at rank #244. With $18.28M in 24h volume, we're looking at healthy trading.

Metric	Value
Current Price	$26.53
24h Change	-1.76%
7d Change	+6.92%
30d Change	-15.04%
Market Cap	$256.56M
24h Volume	$18.28M
Market Rank	#244

🪙 Supply Dynamics

There are $9.67M coins in circulation out of a maximum supply of $10.00M (96.68% circulating). We're close to max supply, which means minimal inflation pressure.

📊 Historical Context

The all-time high was $910.54, and we're currently 97.09% below that level. The all-time low sits at $22.89, which means we're 15.91% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

Technical indicators suggest Compound is showing strength. The price structure show room for growth if fundamentals improve.

As with any crypto investment, only allocate what you can afford to lose.

🎯 Final Thoughts

So that's my analysis of Compound. The data presents an interesting picture, and I think it's worth keeping on your watchlist. What's your take on this project?

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This is not financial advice. Always do your own research before making investment decisions.