Compound Trading Down 32.2% This Week (COMP)

Compound (COMP) traded 4.1% lower against the US dollar during the 1-day period ending at 12:00 PM E.T. on February 6th. Compound has a market capitalization of $429.76 million and $123.61 million worth of Compound was traded on exchanges in the last day. One Compound token can currently be purchased for $48.45 or 0.00050051 BTC on cryptocurrency exchanges. Over the last week, Compound has traded down 32.2% against the US dollar.

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

• Decred (DCR) traded 1.1% lower against the dollar and now trades at $10.93 or 0.00011290 BTC.
• Zano (ZANO) traded down 2.3% against the dollar and now trades at $7.74 or 0.00008007 BTC.
• Bitcoiva (BCA) traded 0.7% higher against the dollar and now trades at $4.74 or 0.00004900 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001013 BTC.
• WhiteCoin (XWC) traded 7.3% lower against the dollar and now trades at $0.0195 or 0.00000020 BTC.
• Bitcoin Diamond (BCD) traded 1.4% lower against the dollar and now trades at $0.0507 or 0.00000052 BTC.
• Navcoin (NAV) traded down 0.8% against the dollar and now trades at $0.0433 or 0.00000045 BTC.
• 42-coin (42) traded 29.3% higher against the dollar and now trades at $58,072.83 or 0.59989195 BTC.
• ReddCoin (RDD) traded down 0.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 6.4% lower against the dollar and now trades at $0.0044 or 0.00000005 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 8,869,687 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 8,869,686.15994825 in circulation. The last known price of Compound is 51.20253975 USD and is down -2.72 over the last 24 hours. It is currently trading on 549 active market(s) with $107,962,510.27 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 GDAX, Coinbase 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