Compound (COMP) Hits Market Cap of $421.68 Million

Compound (COMP) traded 1% higher against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on October 1st. Compound has a total market cap of $421.68 million and approximately $21.20 million worth of Compound was traded on exchanges in the last 24 hours. One Compound token can now be bought for about $48.00 or 0.00075141 BTC on exchanges. During the last seven days, Compound has traded 5.1% lower against the U.S. dollar.

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

• Decred (DCR) traded up 0.9% against the dollar and now trades at $12.38 or 0.00019385 BTC.
• Bitcoiva (BCA) traded 2.8% lower against the dollar and now trades at $4.86 or 0.00007609 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001555 BTC.
• WhiteCoin (XWC) traded up 2.7% against the dollar and now trades at $0.0183 or 0.00000029 BTC.
• Bitcoin Diamond (BCD) traded 0.8% higher against the dollar and now trades at $0.0682 or 0.00000107 BTC.
• Navcoin (NAV) traded down 1.8% against the dollar and now trades at $0.0343 or 0.00000054 BTC.
• ReddCoin (RDD) traded 11.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 2.4% against the dollar and now trades at $0.0123 or 0.00000019 BTC.
• 42-coin (42) traded up 0.3% against the dollar and now trades at $25,567.40 or 0.40022893 BTC.
• Aion (AION) traded 0% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Compound Profile

COMP is a PoW/PoS token that uses the

X11

hashing algorithm. It launched on September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,784,724 tokens. Compound’s official message board is medium.com/compound-finance. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here. The official website for Compound 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 8,784,724.32766302 in circulation. The last known price of Compound is 47.13541849 USD and is down -0.50 over the last 24 hours. It is currently trading on 525 active market(s) with $27,913,067.84 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 purchase alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to trade Compound should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView