Compound (COMP) Market Capitalization Tops $414.88 Million

Compound (COMP) traded up 2.7% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on October 20th. One Compound token can now be purchased for $47.22 or 0.00068058 BTC on exchanges. Compound has a market capitalization of $414.88 million and $31.20 million worth of Compound was traded on exchanges in the last 24 hours. Over the last seven days, Compound has traded 6.8% higher against the U.S. dollar.

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

• Decred (DCR) traded up 5.1% against the dollar and now trades at $13.23 or 0.00019062 BTC.
• Bitcoiva (BCA) traded up 1.7% against the dollar and now trades at $4.50 or 0.00006488 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001443 BTC.
• WhiteCoin (XWC) traded 13.7% higher against the dollar and now trades at $0.0162 or 0.00000023 BTC.
• Bitcoin Diamond (BCD) traded up 2% against the dollar and now trades at $0.0639 or 0.00000092 BTC.
• Navcoin (NAV) traded 3.6% higher against the dollar and now trades at $0.0312 or 0.00000045 BTC.
• ReddCoin (RDD) traded up 24.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 6.8% higher against the dollar and now trades at $0.0142 or 0.00000020 BTC.
• 42-coin (42) traded 1.5% higher against the dollar and now trades at $26,384.70 or 0.38028549 BTC.
• Aion (AION) traded down 2.2% 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. It launched 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. The official website for Compound 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/.”

Buying and Selling Compound

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