Why I’m bullish on COMP

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Why I’m bullish on COMP

  1. It has a hard cap of 10 million, making it a hard store of value.

  2. Even after its recent bubble which tripled its value from $41 to $139, it has landed at $56 which is still a 27% increase if you have been holding long term.

  3. It has the additional utility for earning interest for lending if you choose to use it for that purpose.

  4. It is built on the Ethereum Blockchain.

  5. It is accessible via apps like Coinbase, Kraken, or Robinhood making it easier for new investors to get in & for its market cap to grow.

  6. With its supply limited to 10 million, & its low price per unit of $56 current, it has more room to grow than other cryptocurrencies like BTC which has hard cap of 21 million & a price per unit that has been hovering around $100,000.

*which I still recognize BTC as the GOAT currency & and recommend holding that as a long term store of value.

submitted by /u/BlazeUp420420420
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