Compound (COMP) Hits Market Cap of $392.78 Million

Compound (COMP) traded down 1.6% against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on October 22nd. Compound has a total market cap of $392.78 million and approximately $25.54 million worth of Compound was traded on exchanges in the last 24 hours. Over the last seven days, Compound has traded 0.6% lower against the U.S. dollar. One Compound token can currently be bought for about $44.70 or 0.00066634 BTC on exchanges.

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

• Decred (DCR) traded down 0.8% against the dollar and now trades at $12.77 or 0.00019028 BTC.
• Bitcoiva (BCA) traded up 10% against the dollar and now trades at $4.90 or 0.00007309 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $1.00 or 0.00001485 BTC.
• WhiteCoin (XWC) traded down 1.9% against the dollar and now trades at $0.0162 or 0.00000024 BTC.
• Bitcoin Diamond (BCD) traded down 1.5% against the dollar and now trades at $0.0627 or 0.00000093 BTC.
• ReddCoin (RDD) traded down 61.7% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Navcoin (NAV) traded 6% lower against the dollar and now trades at $0.0308 or 0.00000046 BTC.
• Memetic (MEME) traded down 3.8% against the dollar and now trades at $0.0128 or 0.00000019 BTC.
• 42-coin (42) traded down 0.8% against the dollar and now trades at $25,493.52 or 0.38000030 BTC.
• Aion (AION) traded 2.9% higher against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Compound

Compound (CRYPTO: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 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 8,786,217.46652449 in circulation. The last known price of Compound is 45.82490497 USD and is down -2.56 over the last 24 hours. It is currently trading on 527 active market(s) with $23,432,675.15 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 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, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView