Compound (COMP) Hits Market Capitalization of $349.68 Million

Compound (COMP) traded up 2.3% against the US dollar during the one day period ending at 15:00 PM E.T. on August 11th. One Compound token can now be purchased for $41.74 or 0.00069239 BTC on popular cryptocurrency exchanges. During the last week, Compound has traded down 0.6% against the US dollar. Compound has a total market cap of $349.68 million and $23.75 million worth of Compound was traded on exchanges in the last day.

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

• Decred (DCR) traded down 3% against the dollar and now trades at $9.84 or 0.00016323 BTC.
• Bitcoiva (BCA) traded down 1.2% against the dollar and now trades at $5.09 or 0.00008449 BTC.
• EverGrow Coin (EGC) traded 0.3% higher 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 0.00001657 BTC.
• Bitcoin Diamond (BCD) traded 2.5% higher against the dollar and now trades at $0.0714 or 0.00000118 BTC.
• WhiteCoin (XWC) traded down 1.1% against the dollar and now trades at $0.0056 or 0.00000009 BTC.
• Navcoin (NAV) traded up 2.9% against the dollar and now trades at $0.0400 or 0.00000066 BTC.
• ReddCoin (RDD) traded down 1.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 2.7% lower against the dollar and now trades at $0.0107 or 0.00000018 BTC.
• Aion (AION) traded 0% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Compound Token Profile

Compound (CRYPTO:COMP) is a PoW/PoS token that uses the

X11

hashing algorithm. Its launch date was September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,377,744 tokens. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here. Compound’s official message board is medium.com/compound-finance. Compound’s official website is compoundlabs.xyz.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,377,741.29364447 in circulation. The last known price of Compound is 41.50365173 USD and is up 1.52 over the last 24 hours. It is currently trading on 508 active market(s) with $20,298,878.02 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 trade Compound should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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