Compound (COMP) Gets Listed on KuCoin, Deposit Now and Share 4,067 USDT!

[Anonylz]

All I can say after watching this project this couple of days is compound has given the investors a very good profit this past few days, there is no cause for alarm, this is what everyone wants, it is not about the tech but about maximizing profit, anyone thinking to get in on this project now should really think carefully because compound has already hit ATH so it would be probably not hit that amount soon, but this is crypto anything can happen.

[suzanne5223]

Which Compound are we talking here? Because there are two in existence, and I don't know if this is the original.

Compound (COMP) - https://compound.finance/governance/comp

Compound Coin (COMP) - http://compound-coin.cc/

Quite confusing and misleading to be honest.

The original is what I bolded, and the one listed on KuCoin is the original Compound which has very high hype lately.
Some large exchanges seem interested in listing COMP

I dont think there's fake or original in the two compound since they are both genuine project but making waves than each other. However, the misconception is caused by the new compound that offer DeFi because they ought to use different ticker which will differentiate them from the old compound project and if the old compound is aware of this they may sue them.
Answer to your question, is was this compound that was listed on kucoin and trading of it will be effective today @ 18:00 (UTC+8).

But isn't it that someone copy exactly the token name and the ticker or symbol? So that's blatantly copying so there is a fake and original here. And if the Defi project has good intention, they should have research the market first and see if they are going to step on someone's project name. Unfortunately, they didn't so it might backfire on them in the future as it may mislead investors.

We can jump into conclusion if the second COMP project do copy the first token name, ticker and symbol but we do know they didn't search if the market first if there's a project that already used the name.
I think it better to notify them about this before it backfires l their project.

[bigcash2011]

Compound (COMP) is now accessible on KuCoin. The supported trading pair is COMP/USDT.

The Compound Deposit Activity will run from 22:00:00 on June 25, 2020 to 22:00:00 on June 30, 2020 (UTC+8).


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.


See more details here: https://www.kucoin.com/news/en-compound-gets-listed-on-kucoin-deposit-now-and-share-4067-usdt

This project has great hype maybe due to the fact that big investors are now targetting DeFi based projects and we have already seen that most of the projects and their tokens are performing really well from last few months or so, the interest and hype is on the rise and people are taking it as the next big thing and also considering these projects as true alternative to traditional banking and finance, lets see how true it will get in couple of more years.

[Twinkledoe]

Even though the Compound project was just born in the world of crypto currency and Hype Defi made this token up nearly 200%, be careful if you get stuck in FOMO, if you are already profitable then run and wait for the price below, congratulations

I would suggest the same. Don't wait for the price to skyrocket because it may not happen. As long as you are in the positive, better cash it out and never look back. I have the feeling that it will not be long and they will go down as like others. Stay safe with your investments!

[posi]

Which Compound are we talking here? Because there are two in existence, and I don't know if this is the original.

Compound (COMP) - https://compound.finance/governance/comp

Compound Coin (COMP) - http://compound-coin.cc/

Quite confusing and misleading to be honest.

The original is what I bolded, and the one listed on KuCoin is the original Compound which has very high hype lately.
Some large exchanges seem interested in listing COMP

I dont think there's fake or original in the two compound since they are both genuine project but making waves than each other. However, the misconception is caused by the new compound that offer DeFi because they ought to use different ticker which will differentiate them from the old compound project and if the old compound is aware of this they may sue them.
Answer to your question, is was this compound that was listed on kucoin and trading of it will be effective today @ 18:00 (UTC+8).

But isn't it that someone copy exactly the token name and the ticker or symbol? So that's blatantly copying so there is a fake and original here.

The two projects actually have different name (one of "compound" while the other is "compound coin") and they only share the same ticker which can also be call symbol.
I believe the two project teams are aware of the situation which why the have different name.

[Ridwan Fauzi]

I'm not weird when a new coin/project that just listed in some exchanges will meet an increasing price a lot because it is the usual thing that always happens in crypto currency. As many people predicted above me, they're right. You can see its price just decreasing in all exchange (binance and kucoin), a dump for almost 15% in 24 hours has pointed out that the pumping season has already done and we can see its price back to original price $200 or even it will be lower than that, interesting to see.