Compound Achieves Market Capitalization of $344.88 Million (COMP)

Compound (COMP) traded down 12.3% against the US dollar during the twenty-four hour period ending at 7:00 AM E.T. on April 7th. Compound has a total market capitalization of $344.88 million and $62.17 million worth of Compound was traded on exchanges in the last 24 hours. During the last week, Compound has traded 0.6% lower against the US dollar. One Compound token can currently be bought for about $38.58 or 0.00050357 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Decred (DCR) traded down 12.3% against the dollar and now trades at $10.34 or 0.00013496 BTC.
  • Zano (ZANO) traded 3.8% lower against the dollar and now trades at $5.58 or 0.00007254 BTC.
  • Bitcoiva (BCA) traded down 8.4% against the dollar and now trades at $4.43 or 0.00005786 BTC.
  • dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.99 or 0.00001319 BTC.
  • 42-coin (42) traded down 7.4% against the dollar and now trades at $229,857.00 or 3.00050931 BTC.
  • WhiteCoin (XWC) traded 13.1% lower against the dollar and now trades at $0.0120 or 0.00000016 BTC.
  • Bitcoin Diamond (BCD) traded down 5.5% against the dollar and now trades at $0.0273 or 0.00000036 BTC.
  • Navcoin (NAV) traded 3% lower against the dollar and now trades at $0.0253 or 0.00000033 BTC.
  • PotCoin (POT) traded up 10.8% against the dollar and now trades at $0.0046 or 0.00000006 BTC.
  • Memetic (MEME) traded down 9.8% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Compound Token Profile

Compound (CRYPTO: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 8,940,092 tokens. The official website for Compound 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 8,940,064.6536359 in circulation. The last known price of Compound is 38.61154975 USD and is down -11.82 over the last 24 hours. It is currently trading on 558 active market(s) with $51,659,799.56 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Buying and Selling Compound

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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Compound using one of the exchanges listed above.

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