Compound (COMP) Hits Market Capitalization of $397.02 Million

Compound (COMP) traded down 0.1% against the US dollar during the one day period ending at 14:00 PM E.T. on October 19th. Compound has a market capitalization of $397.02 million and approximately $25.94 million worth of Compound was traded on exchanges in the last 24 hours. One Compound token can currently be purchased for about $45.19 or 0.00066336 BTC on major cryptocurrency exchanges. Over the last week, Compound has traded up 0.5% against the US dollar.

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

• Decred (DCR) traded 1.7% lower against the dollar and now trades at $12.48 or 0.00018317 BTC.
• Bitcoiva (BCA) traded up 1.3% against the dollar and now trades at $4.42 or 0.00006486 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001462 BTC.
• Bitcoin Diamond (BCD) traded 0.9% lower against the dollar and now trades at $0.0626 or 0.00000092 BTC.
• WhiteCoin (XWC) traded 2.3% higher against the dollar and now trades at $0.0143 or 0.00000021 BTC.
• Navcoin (NAV) traded up 0.7% against the dollar and now trades at $0.0313 or 0.00000046 BTC.
• Memetic (MEME) traded 1.5% lower against the dollar and now trades at $0.0131 or 0.00000019 BTC.
• ReddCoin (RDD) traded 29.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 0.8% lower against the dollar and now trades at $25,882.10 or 0.37995966 BTC.
• Aion (AION) traded up 1.5% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Compound 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 8,786,217 tokens. Compound’s official website is compoundlabs.xyz. Compound’s official message board 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 8,786,217.23400676 in circulation. The last known price of Compound is 46.34391018 USD and is up 3.78 over the last 24 hours. It is currently trading on 527 active market(s) with $28,457,790.99 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Buying and Selling Compound

It is usually not presently possible to purchase alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to acquire Compound should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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