Compound Review: What The Data Tells Us

Today I want to take a deep dive into Compound. The numbers are interesting, and I think there's a compelling story here.

📈 Current Price Action

At $16.36, the price action has been relatively stable lately. We're seeing bearish pressure over the past week. The monthly chart shows significant correction from recent highs.

Compound price movement over the last 7 days

💰 Market Metrics

Sitting at #206 by market cap ($158.15M), the project commands significant attention. Daily volume is running at $12.88M, suggesting decent liquidity.

Metric	Value
Current Price	$16.36
24h Change	-1.01%
7d Change	-17.97%
30d Change	-38.70%
Market Cap	$158.15M
24h Volume	$12.88M
Market Rank	#206

🪙 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 98.20% below that level. The all-time low sits at $15.21, which means we're 7.51% 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

Looking at the price action, Compound is in a consolidation phase. 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

And that's my current read on Compound. Numbers don't lie, but they also don't predict the future. What's your perspective on this project?

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