Compound price poised for 20% rally following positive on-chain data

Compound (COMP) price is encountering resistance at the 100-day Exponential Moving Average (EMA) at $53.84.

COMP Down 6.7% after Supposed 'Governance Attack' on Compound DAO

A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.