Compound Price Hits $50.34 on Top Exchanges (COMP)

Compound (COMP) traded up 4.8% against the US dollar during the one day period ending at 22:00 PM Eastern on July 29th. One Compound token can currently be purchased for approximately $50.34 or 0.00076085 BTC on exchanges. During the last seven days, Compound has traded down 1.9% against the US dollar. Compound has a total market capitalization of $420.89 million and approximately $62.25 million worth of Compound was traded on exchanges in the last day.

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

• Decred (DCR) traded 1.5% lower against the dollar and now trades at $12.29 or 0.00018573 BTC.
• Bitcoiva (BCA) traded down 2.2% against the dollar and now trades at $6.12 or 0.00009257 BTC.
• EverGrow Coin (EGC) traded up 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001510 BTC.
• Bitcoin Diamond (BCD) traded up 3.2% against the dollar and now trades at $0.0697 or 0.00000105 BTC.
• WhiteCoin (XWC) traded up 11% against the dollar and now trades at $0.0042 or 0.00000006 BTC.
• Navcoin (NAV) traded 0.1% higher against the dollar and now trades at $0.0467 or 0.00000071 BTC.
• ReddCoin (RDD) traded down 4.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 0% against the dollar and now trades at $0.0149 or 0.00000022 BTC.
• 42-coin (42) traded 2.3% higher against the dollar and now trades at $30,595.40 or 0.46240840 BTC.

Compound Token Profile

Compound (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 8,360,629 tokens. Compound’s official website 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 8,360,455.67924329 in circulation. The last known price of Compound is 48.73509228 USD and is down -3.60 over the last 24 hours. It is currently trading on 507 active market(s) with $40,157,426.83 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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