COMP and pump and dump?

[giammangiato]

I think that it is a very good project, the listing on Coinbase helped it to be knowed. Now the hype is flatted but I think that with the new updates about the project there will be a new hype and pump

[torrantz]

classic overhyped coin, when the hype dies out it will crash so hard it will rarely reach the ATH again in near time. Whether it's a pump and dump definitely relative to each person but in my opinion, it's just following the same pattern as anycoin that got hyped in the past and will probably continue to surge from now on but that's just my opinion.

[xZork]

Its kinda too late for me to invest in this project because the price is way too high, the use case is interesting but better than BNB token in value? I think this project is based on huge hype, I will only invest when huge dump happens

No one can answer your questions, anything is possible on the cryptocurrency market.
However, I think that now is not a good time to invest in COMP project, it seems to be being pumped too high compared to the actual price. It is very easy for you to get involved in FOMO if you invest in COMP at the present time.

You answered his question, you should not invest in it because the current price has been inflated too high. BTW if you still want to invest in it, wait for the price to drop a bit more and buy them

Yes, investing in COMP at the present time is not a wise decision. This project will continue to be discounted in the near future, just wait a while longer.

[Jating]

Does someone know one fo the usualy suspects, like Pompliano, about pushing that project to the moon? I just wonder who made the most money with that project, if the price decreases to a single digit it definately won´t be people from the project itself since I assume they have a holding period that isn´t over yet

We can't really know for sure who are the people behind pumping this project and making huge money. As far as I know Pompliano is an advocate of bitcoin, so not sure if he also deals with other altcoins.

I thought that the pump is done already though? But it looks like it somewhat maintain the price just < $200 and it is still giving a good ROI based on coinmarketcap. But it looks like the community is still divided, others see this COMP as just pure hype and pump and dump, while there are who believed that this is a good coin to invest long term. But I will sided on that this is just a hype and pump and dump, sorry to burst the bubble for others.

[ameliana]

honestly I have just heard about the coin COMP and even late to take part in it when prices were low at the time, but pumps like this usually won't last long, if you want to invest at a high price I don't think it's the right time. but it all depends on your own decision.

[yangongear]

honestly I have just heard about the coin COMP and even late to take part in it when prices were low at the time, but pumps like this usually won't last long, if you want to invest at a high price I don't think it's the right time. but it all depends on your own decision.

So why don't you try short COMP on Binance. Its current price is too high compared to the original price, so I think the right thing to do now is to wait for its price to rise and we are short. I made money with it this way.