Compound Price Tops $49.98 on Major Exchanges (COMP)

Compound (COMP) traded up 5.5% against the dollar during the 1-day period ending at 21:00 PM ET on July 25th. One Compound token can now be purchased for about $49.98 or 0.00075379 BTC on exchanges. Compound has a market cap of $417.87 million and $39.70 million worth of Compound was traded on exchanges in the last day. During the last week, Compound has traded 3.9% lower against the dollar.

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

• Decred (DCR) traded up 3.6% against the dollar and now trades at $12.01 or 0.00018113 BTC.
• Bitcoiva (BCA) traded 2.1% lower against the dollar and now trades at $5.88 or 0.00008873 BTC.
• EverGrow Coin (EGC) traded down 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001506 BTC.
• Bitcoin Diamond (BCD) traded 4.7% lower against the dollar and now trades at $0.0608 or 0.00000092 BTC.
• WhiteCoin (XWC) traded 7.7% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Navcoin (NAV) traded 4.5% lower against the dollar and now trades at $0.0471 or 0.00000071 BTC.
• Aion (AION) traded 9.1% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.
• ReddCoin (RDD) traded up 0.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 2.6% against the dollar and now trades at $0.0148 or 0.00000023 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 8,360,417 tokens. Compound’s official website is compoundlabs.xyz. 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 8,360,395.41246213 in circulation. The last known price of Compound is 48.17858734 USD and is down -2.98 over the last 24 hours. It is currently trading on 506 active market(s) with $30,722,616.43 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 buy alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to trade Compound should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView