Compound (COMP) Market Capitalization Reaches $407.72 Million

Compound (COMP) traded 2.6% higher against the U.S. dollar during the 1 day period ending at 14:00 PM E.T. on October 20th. One Compound token can currently be purchased for $46.40 or 0.00067697 BTC on popular exchanges. Compound has a total market cap of $407.72 million and approximately $27.72 million worth of Compound was traded on exchanges in the last 24 hours. In the last seven days, Compound has traded up 6.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Decred (DCR) traded 3.4% higher against the dollar and now trades at $12.92 or 0.00018849 BTC.
• Bitcoiva (BCA) traded up 1.5% against the dollar and now trades at $4.49 or 0.00006545 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001455 BTC.
• WhiteCoin (XWC) traded up 9% against the dollar and now trades at $0.0156 or 0.00000023 BTC.
• Bitcoin Diamond (BCD) traded up 0.8% against the dollar and now trades at $0.0633 or 0.00000092 BTC.
• Navcoin (NAV) traded down 1.1% against the dollar and now trades at $0.0309 or 0.00000045 BTC.
• Memetic (MEME) traded up 3% against the dollar and now trades at $0.0135 or 0.00000020 BTC.
• ReddCoin (RDD) traded up 7.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 0.6% higher against the dollar and now trades at $26,051.35 or 0.38004998 BTC.
• Aion (AION) traded 0% lower against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Compound Token Profile

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 8,786,217 tokens. Compound’s official website is compoundlabs.xyz. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here. The official message board for Compound is medium.com/compound-finance.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,786,217.23400676 in circulation. The last known price of Compound is 45.92136419 USD and is down -0.96 over the last 24 hours. It is currently trading on 527 active market(s) with $21,729,482.52 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Compound Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to acquire Compound should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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