
Compound Founder Accused of COMP Sale: Token Skyrockets 85%
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
1H
1.07%$0.4715
24H
-0.57%$0.2553
7D
1.10%$0.4846
30D
-5.12%$2.40
COMP token experienced a sharp price spike after its Upbit listing, but allegations of founder Robert Leshner selling a large batch of tokens have overshadowed the rally.
Compound (COMP) token soared more than 10% in the past 24 hours while Ali Martinez predicted a massive surge in short term.
Prominent analyst in the crypto space Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel and could soon dip to $69.
Michael Lewellen, security adviser at the Compound Finance DAO, stated that the Compound Finance URL has been compromised and “is currently hosting a phishing site.
Once the user downloads and receives access, Robinhood Wallet grants each customer $5 in crypto.
Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.
By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into the future with good governance.
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