Compound Price Tops $55.85 on Major Exchanges (COMP)

Compound (COMP) traded 1.4% lower against the dollar during the 1 day period ending at 23:00 PM E.T. on May 7th. Over the last week, Compound has traded up 4.9% against the dollar. Compound has a total market cap of $453.18 million and approximately $33.07 million worth of Compound was traded on exchanges in the last 24 hours. One Compound token can now be purchased for about $55.85 or 0.00089006 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Decred (DCR) traded down 2.5% against the dollar and now trades at $21.16 or 0.00033723 BTC.
• Bitcoiva (BCA) traded 3.5% lower against the dollar and now trades at $9.02 or 0.00014375 BTC.
• Safe (SAFE) traded up 0.4% against the dollar and now trades at $2.16 or 0.00003370 BTC.
• EverGrow Coin (EGC) traded 1.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded 4.3% higher against the dollar and now trades at $0.11 or 0.00000172 BTC.
• dForce USD (USX) traded down 0.2% against the dollar and now trades at $0.98 or 0.00001558 BTC.
• WhiteCoin (XWC) traded 1.5% higher against the dollar and now trades at $0.0055 or 0.00000009 BTC.
• ReddCoin (RDD) traded 6.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 0.2% against the dollar and now trades at $0.0539 or 0.00000086 BTC.
• Aion (AION) traded 3.6% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Compound Token Profile

Compound is a PoW/PoS token that uses the

X11

hashing algorithm. Its genesis date was September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,114,500 tokens. Compound’s official website is compound.finance/governance/comp. The official message board for Compound is medium.com/compound-finance. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,114,500.06145829 in circulation. The last known price of Compound is 56.48679458 USD and is down -2.82 over the last 24 hours. It is currently trading on 493 active market(s) with $34,761,497.19 traded over the last 24 hours. More information can be found at https://compound.finance/governance/comp.”

Compound Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to trade Compound should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView