Compound Reaches Market Cap of $399.52 Million (COMP)

Compound (COMP) traded 1.2% higher against the US dollar during the 24 hour period ending at 7:00 AM Eastern on October 20th. Over the last seven days, Compound has traded up 2.2% against the US dollar. Compound has a market capitalization of $399.52 million and $23.75 million worth of Compound was traded on exchanges in the last day. One Compound token can currently be purchased for about $45.47 or 0.00066475 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Decred (DCR) traded 1.1% higher against the dollar and now trades at $12.69 or 0.00018554 BTC.
• Bitcoiva (BCA) traded 0.7% higher against the dollar and now trades at $4.48 or 0.00006554 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001455 BTC.
• Bitcoin Diamond (BCD) traded 1.5% lower against the dollar and now trades at $0.0624 or 0.00000091 BTC.
• WhiteCoin (XWC) traded 0.3% lower against the dollar and now trades at $0.0143 or 0.00000021 BTC.
• Navcoin (NAV) traded up 1.3% against the dollar and now trades at $0.0314 or 0.00000046 BTC.
• Memetic (MEME) traded up 2.3% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• ReddCoin (RDD) traded down 24.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 0.3% higher against the dollar and now trades at $25,992.49 or 0.37998508 BTC.
• Aion (AION) traded up 1.5% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Compound Profile

Compound (COMP) is a PoW/PoS token that uses the

X11

hashing algorithm. It was first traded on September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,786,217 tokens. The official message board for Compound is medium.com/compound-finance. Compound’s official website is compoundlabs.xyz. 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 45.92136419 USD and is down -0.96 over the last 24 hours. It is currently trading on 527 active market(s) with $21,729,482.52 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Compound Token Trading

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

COMP/USD price chart by TradingView