A noteworthy altcoin! $COMP token has welcomed an investment opportunity!
In the cryptocurrency market, the recent performance of the COMP token is worth investors' attention. The current market capitalization of COMP has reached 500 million, with a circulation rate of 94%.
It is a decentralized lending platform backed by a strong investment background, having received investments from well-known institutions like Ai16z and Coinbase.
From a weekly perspective, this coin has been accumulating at the bottom for a long time. However, when ETH surged a few days ago, this coin remained inactive for two main reasons:
1: As an older coin, the accumulation speed is relatively slow.
2: There are many trapped positions in the market, requiring time for gradual adjustment.
However, the weekly chart now shows a clear bottoming trend. It is now possible to build positions in batches, with the expected price being between 100-150. It is time to invest boldly!
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