Compound Market Cap Reaches $393.63 Million (COMP)

Compound (COMP) traded 2% higher against the dollar during the 1-day period ending at 20:00 PM E.T. on October 29th. One Compound token can currently be purchased for $44.80 or 0.00061821 BTC on cryptocurrency exchanges. Compound has a total market cap of $393.63 million and $27.17 million worth of Compound was traded on exchanges in the last day. Over the last seven days, Compound has traded up 0.1% against the dollar.

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

• Decred (DCR) traded up 3.2% against the dollar and now trades at $12.72 or 0.00017548 BTC.
• Bitcoiva (BCA) traded up 0.7% against the dollar and now trades at $4.49 or 0.00006199 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.99 or 0.00001372 BTC.
• Bitcoin Diamond (BCD) traded down 0.4% against the dollar and now trades at $0.0591 or 0.00000082 BTC.
• WhiteCoin (XWC) traded 2.4% higher against the dollar and now trades at $0.0124 or 0.00000017 BTC.
• Navcoin (NAV) traded 2.6% higher against the dollar and now trades at $0.0317 or 0.00000044 BTC.
• Memetic (MEME) traded 0.7% lower against the dollar and now trades at $0.0132 or 0.00000018 BTC.
• ReddCoin (RDD) traded 0.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• 42-coin (42) traded up 3.9% against the dollar and now trades at $27,554.25 or 0.38023645 BTC.
• Aion (AION) traded up 13.7% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About Compound

Compound (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 8,786,589 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 8,786,587.25783742 in circulation. The last known price of Compound is 44.77076685 USD and is up 6.39 over the last 24 hours. It is currently trading on 531 active market(s) with $36,331,037.00 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Compound Token Trading

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

COMP/USD price chart by TradingView