Compound Reaches Market Cap of $374.68 Million (COMP)

Compound (COMP) traded down 3% against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on October 25th. During the last week, Compound has traded 6.9% lower against the U.S. dollar. Compound has a market cap of $374.68 million and approximately $26.01 million worth of Compound was traded on exchanges in the last 24 hours. One Compound token can now be purchased for approximately $42.64 or 0.00063786 BTC on major exchanges.

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

• Decred (DCR) traded down 1.3% against the dollar and now trades at $12.48 or 0.00018666 BTC.
• Bitcoiva (BCA) traded down 0.8% against the dollar and now trades at $4.70 or 0.00007028 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001488 BTC.
• WhiteCoin (XWC) traded 1.7% lower against the dollar and now trades at $0.0161 or 0.00000024 BTC.
• Bitcoin Diamond (BCD) traded 0.2% higher against the dollar and now trades at $0.0589 or 0.00000088 BTC.
• Navcoin (NAV) traded down 0.2% against the dollar and now trades at $0.0305 or 0.00000046 BTC.
• Memetic (MEME) traded down 5.6% against the dollar and now trades at $0.0121 or 0.00000018 BTC.
• ReddCoin (RDD) traded down 9.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 1.9% lower against the dollar and now trades at $25,414.79 or 0.38016334 BTC.
• DeepOnion (ONION) traded 1.9% lower against the dollar and now trades at $0.0535 or 0.00000080 BTC.

About Compound

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 8,786,586 tokens. Compound’s official message board 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 8,786,569.44145029 in circulation. The last known price of Compound is 43.42515905 USD and is down -1.62 over the last 24 hours. It is currently trading on 530 active market(s) with $21,111,210.08 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 buy alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to trade Compound should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView