Compound Reaches Market Cap of $603.41 Million (COMP)

Compound (COMP) traded 1.7% lower against the dollar during the one day period ending at 12:00 PM Eastern on January 29th. Over the last week, Compound has traded 11.5% lower against the dollar. One Compound token can currently be purchased for approximately $68.04 or 0.00066779 BTC on cryptocurrency exchanges. Compound has a total market cap of $603.41 million and $43.03 million worth of Compound was traded on exchanges in the last 24 hours.

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

• Decred (DCR) traded down 2.3% against the dollar and now trades at $11.77 or 0.00011554 BTC.
• Zano (ZANO) traded 8% lower against the dollar and now trades at $8.49 or 0.00008346 BTC.
• Bitcoiva (BCA) traded down 2.1% against the dollar and now trades at $5.87 or 0.00005758 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00000977 BTC.
• WhiteCoin (XWC) traded down 6.9% against the dollar and now trades at $0.0193 or 0.00000019 BTC.
• Bitcoin Diamond (BCD) traded up 1.1% against the dollar and now trades at $0.0568 or 0.00000056 BTC.
• Navcoin (NAV) traded 24% higher against the dollar and now trades at $0.0553 or 0.00000054 BTC.
• 42-coin (42) traded 0.3% lower against the dollar and now trades at $47,788.26 or 0.46906116 BTC.
• ReddCoin (RDD) traded 38.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 3% against the dollar and now trades at $0.0068 or 0.00000007 BTC.

Compound Profile

COMP is a PoW/PoS token that uses the

X11

hashing algorithm. Its genesis date was September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,869,092 tokens. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here. Compound’s official message board 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 8,869,091.13275526 in circulation. The last known price of Compound is 70.24091862 USD and is down -0.37 over the last 24 hours. It is currently trading on 547 active market(s) with $45,997,788.60 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 US dollars. Investors seeking to trade Compound should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView