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COMP — Q4 '24 price action
Considering the current crypto market dynamics and recent price action around $COMP, I'd put the odds of seeing $COMP trading above $15 by the end of Q4 '24 at roughly 60%. The renewed interest in DeFi protocols coupled with a broader market recovery, particularly if BTC sustains above $30k, could provide the necessary tailwinds. However, a significant regulatory development or a broader risk-off move in equities would likely invalidate that outlook.
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