Compound Price Up 1.4% This Week (COMP)

Compound (COMP) traded up 4% against the US dollar during the 1 day period ending at 7:00 AM Eastern on October 12th. One Compound token can now be bought for approximately $45.16 or 0.00071571 BTC on major cryptocurrency exchanges. Compound has a total market capitalization of $396.74 million and approximately $24.45 million worth of Compound was traded on exchanges in the last day. In the last week, Compound has traded up 1.4% against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Decred (DCR) traded 3.3% higher against the dollar and now trades at $12.77 or 0.00020241 BTC.
  • Bitcoiva (BCA) traded 3.1% higher against the dollar and now trades at $4.35 or 0.00006901 BTC.
  • dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001581 BTC.
  • WhiteCoin (XWC) traded 5% lower against the dollar and now trades at $0.0158 or 0.00000025 BTC.
  • Bitcoin Diamond (BCD) traded up 4.5% against the dollar and now trades at $0.0613 or 0.00000097 BTC.
  • Navcoin (NAV) traded 5% higher against the dollar and now trades at $0.0327 or 0.00000052 BTC.
  • ReddCoin (RDD) traded up 7.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Memetic (MEME) traded up 12.3% against the dollar and now trades at $0.0110 or 0.00000017 BTC.
  • 42-coin (42) traded up 3.2% against the dollar and now trades at $25,235.11 or 0.39994162 BTC.
  • Aion (AION) traded down 5% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Compound Profile

Compound (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 8,785,458 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 8,785,455.8769246 in circulation. The last known price of Compound is 44.57434756 USD and is up 2.90 over the last 24 hours. It is currently trading on 526 active market(s) with $22,968,279.73 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Buying and Selling Compound

It is usually not 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound using one of the exchanges listed above.

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