Compound (COMP) Market Capitalization Achieves $393.40 Million

Compound (COMP) traded 0.7% lower against the dollar during the 24 hour period ending at 0:00 AM E.T. on October 17th. One Compound token can currently be purchased for $44.78 or 0.00066062 BTC on popular cryptocurrency exchanges. During the last week, Compound has traded 3.3% higher against the dollar. Compound has a market capitalization of $393.40 million and $28.82 million worth of Compound was traded on exchanges in the last 24 hours.

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

• Decred (DCR) traded 0.2% lower against the dollar and now trades at $12.59 or 0.00018576 BTC.
• Bitcoiva (BCA) traded down 2.8% against the dollar and now trades at $4.32 or 0.00006377 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001473 BTC.
• Bitcoin Diamond (BCD) traded 2.8% higher against the dollar and now trades at $0.0630 or 0.00000093 BTC.
• WhiteCoin (XWC) traded 17.1% higher against the dollar and now trades at $0.0143 or 0.00000021 BTC.
• ReddCoin (RDD) traded up 72.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded down 0% against the dollar and now trades at $0.0291 or 0.00000043 BTC.
• Memetic (MEME) traded 3.1% lower against the dollar and now trades at $0.0127 or 0.00000019 BTC.
• 42-coin (42) traded down 4.5% against the dollar and now trades at $25,753.18 or 0.37993819 BTC.
• Aion (AION) traded 2.3% lower against the dollar and now trades at $0.0013 or 0.00000002 BTC.

Compound Token Profile

Compound 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 8,785,469 tokens. Compound’s official website is compoundlabs.xyz. The official message board for Compound 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 8,785,469.26899787 in circulation. The last known price of Compound is 44.93507864 USD and is up 0.31 over the last 24 hours. It is currently trading on 527 active market(s) with $21,125,608.40 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 US dollars. Investors seeking to trade Compound should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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