Compound (COMP) Achieves Market Capitalization of $431.89 Million

Compound (COMP) traded up 9% against the dollar during the 1-day period ending at 9:00 AM E.T. on July 26th. One Compound token can now be purchased for about $51.66 or 0.00076769 BTC on cryptocurrency exchanges. Compound has a total market cap of $431.89 million and $38.33 million worth of Compound was traded on exchanges in the last day. Over the last seven days, Compound has traded 0.5% higher against the dollar.

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

• Decred (DCR) traded up 6.8% against the dollar and now trades at $12.28 or 0.00018248 BTC.
• Bitcoiva (BCA) traded up 4.7% against the dollar and now trades at $6.13 or 0.00009115 BTC.
• EverGrow Coin (EGC) traded 2.2% higher 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 0.00001493 BTC.
• Bitcoin Diamond (BCD) traded up 3.9% against the dollar and now trades at $0.0633 or 0.00000094 BTC.
• WhiteCoin (XWC) traded down 10.8% against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Navcoin (NAV) traded 3.5% lower against the dollar and now trades at $0.0469 or 0.00000070 BTC.
• ReddCoin (RDD) traded up 2.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 3.4% higher against the dollar and now trades at $0.0153 or 0.00000023 BTC.
• 42-coin (42) traded 0.9% higher against the dollar and now trades at $29,819.65 or 0.44314477 BTC.

Compound Token Profile

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 8,360,428 tokens. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here. Compound’s official website is compoundlabs.xyz. Compound’s official message board 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 8,360,425.24737555 in circulation. The last known price of Compound is 51.73641821 USD and is up 7.53 over the last 24 hours. It is currently trading on 507 active market(s) with $40,906,581.99 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 U.S. dollars. Investors seeking to acquire Compound should first purchase 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 purchase Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView