Compound Reaches Market Capitalization of $403.10 Million (COMP)

Compound (COMP) traded up 0.8% against the U.S. dollar during the 24-hour period ending at 8:00 AM E.T. on October 21st. One Compound token can now be purchased for $45.88 or 0.00067267 BTC on popular cryptocurrency exchanges. Compound has a market cap of $403.10 million and approximately $30.93 million worth of Compound was traded on exchanges in the last day. In the last seven days, Compound has traded up 0.5% against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Decred (DCR) traded up 2% against the dollar and now trades at $12.94 or 0.00018971 BTC.
• Bitcoiva (BCA) traded down 0.2% against the dollar and now trades at $4.48 or 0.00006562 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001442 BTC.
• WhiteCoin (XWC) traded up 11.2% against the dollar and now trades at $0.0158 or 0.00000023 BTC.
• Bitcoin Diamond (BCD) traded 2% higher against the dollar and now trades at $0.0633 or 0.00000093 BTC.
• Navcoin (NAV) traded down 0.4% against the dollar and now trades at $0.0312 or 0.00000046 BTC.
• ReddCoin (RDD) traded up 66.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded up 3.8% against the dollar and now trades at $0.0136 or 0.00000020 BTC.
• 42-coin (42) traded 0.3% lower against the dollar and now trades at $25,911.89 or 0.37992125 BTC.
• Aion (AION) traded down 3% against the dollar and now trades at $0.0013 or 0.00000002 BTC.

Compound Token Profile

COMP 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 Twitter account is @compoundfinance and its Facebook page is accessible here. The official message board for Compound is medium.com/compound-finance.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,786,217.23403738 in circulation. The last known price of Compound is 47.03539413 USD and is up 2.42 over the last 24 hours. It is currently trading on 527 active market(s) with $32,934,181.89 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Compound Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to acquire Compound should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView