Compound Reaches Market Capitalization of $772.13 Million (COMP)

Compound (COMP) traded 6.9% higher against the dollar during the 1 day period ending at 12:00 PM E.T. on December 24th. One Compound token can now be bought for approximately $87.10 or 0.00088034 BTC on major cryptocurrency exchanges. Compound has a total market capitalization of $772.13 million and $65.69 million worth of Compound was traded on exchanges in the last 24 hours. During the last seven days, Compound has traded 13.9% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Decred (DCR) traded up 11.5% against the dollar and now trades at $18.27 or 0.00018468 BTC.
• Zano (ZANO) traded up 2.1% against the dollar and now trades at $11.24 or 0.00011456 BTC.
• Bitcoiva (BCA) traded up 10.8% against the dollar and now trades at $7.07 or 0.00007147 BTC.
• WhiteCoin (XWC) traded down 0.7% against the dollar and now trades at $0.0303 or 0.00000031 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001010 BTC.
• Bitcoin Diamond (BCD) traded up 0.5% against the dollar and now trades at $0.0607 or 0.00000061 BTC.
• ReddCoin (RDD) traded 39.9% lower against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Navcoin (NAV) traded 12.1% higher against the dollar and now trades at $0.0330 or 0.00000033 BTC.
• 42-coin (42) traded 5.7% higher against the dollar and now trades at $39,560.45 or 0.39986173 BTC.
• Memetic (MEME) traded 8.8% higher against the dollar and now trades at $0.0113 or 0.00000012 BTC.

About Compound

Compound 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 8,865,202 tokens. Compound’s official website is compoundlabs.xyz. Compound’s official message board 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 8,865,202.30873279 in circulation. The last known price of Compound is 84.38756348 USD and is up 5.89 over the last 24 hours. It is currently trading on 542 active market(s) with $62,230,355.97 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Compound Token Trading

It is usually not 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, Coinbase or Gemini. 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