Compound Achieves Market Capitalization of $396.67 Million (COMP)

Compound (COMP) traded down 1.4% against the dollar during the 24 hour period ending at 22:00 PM Eastern on October 15th. Over the last seven days, Compound has traded up 2.2% against the dollar. One Compound token can currently be bought for approximately $45.15 or 0.00066933 BTC on major exchanges. Compound has a total market cap of $396.67 million and $30.32 million worth of Compound was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• Decred (DCR) traded 1.8% lower against the dollar and now trades at $12.75 or 0.00018906 BTC.
• Bitcoiva (BCA) traded down 0.6% against the dollar and now trades at $4.47 or 0.00006622 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001493 BTC.
• Bitcoin Diamond (BCD) traded 2.1% lower against the dollar and now trades at $0.0626 or 0.00000093 BTC.
• WhiteCoin (XWC) traded down 40.1% against the dollar and now trades at $0.0104 or 0.00000015 BTC.
• ReddCoin (RDD) traded 64.3% lower against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Navcoin (NAV) traded down 4.9% against the dollar and now trades at $0.0293 or 0.00000043 BTC.
• Memetic (MEME) traded down 6% against the dollar and now trades at $0.0140 or 0.00000021 BTC.
• 42-coin (42) traded up 2.4% against the dollar and now trades at $26,956.44 or 0.39961635 BTC.
• Aion (AION) traded down 6.4% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Compound

Compound is a PoW/PoS token that uses the

X11

hashing algorithm. It was first traded on September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,785,461 tokens. 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. 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 8,785,458.21052309 in circulation. The last known price of Compound is 45.18608196 USD and is up 0.87 over the last 24 hours. It is currently trading on 527 active market(s) with $25,780,362.48 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Buying and Selling Compound

It is usually not presently possible to buy alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to trade Compound should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView