COMP Status: Pullback from High to Accumulation at Bottom
Current COMP trading price is $27.21, with a total market cap of approximately $263 million USD, ranked 99th globally and 25th in the DeFi sector. Compared to the historical peak of $910.54 reached in May 2021, this token has declined more than 97%. However, it's worth noting that COMP has a circulation of 9.68 million tokens, with a circulation rate of 96.68%, approaching a fully released state.
From a price volatility perspective, COMP has experienced a typical bull-bear cycle: opening at $58 in June 2020, then skyrocketing to $280 in the same month; during the 2021 bull market, it rose from $80 to the peak of $900; afterwards it continued to decline, breaking below the initial price in June 2022, with a low of $22.89. Currently COMP is oscillating repeatedly in the $20-80 range, with the market having largely fully released its risks.
Compound