Compound (COMP) Market Capitalization Tops $331.53 Million

Compound (COMP) traded 2.4% higher against the U.S. dollar during the one day period ending at 10:00 AM ET on November 9th. One Compound token can now be purchased for approximately $34.39 or 0.00033239 BTC on major exchanges. Compound has a market cap of $331.53 million and approximately $20.86 million worth of Compound was traded on exchanges in the last 24 hours. During the last seven days, Compound has traded down 1.5% against the U.S. dollar.

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

• Decred (DCR) traded 53.7% higher against the dollar and now trades at $35.21 or 0.00034033 BTC.
• Zano (ZANO) traded 3.7% higher against the dollar and now trades at $13.57 or 0.00013184 BTC.
• Bitcoiva (BCA) traded down 9.6% against the dollar and now trades at $10.78 or 0.00010420 BTC.
• Bitcoin Diamond (BCD) traded up 1.2% against the dollar and now trades at $0.0959 or 0.00000093 BTC.
• WhiteCoin (XWC) traded down 0.3% against the dollar and now trades at $0.0096 or 0.00000009 BTC.
• Navcoin (NAV) traded 2.5% higher against the dollar and now trades at $0.0821 or 0.00000079 BTC.
• 42-coin (42) traded 6.9% higher against the dollar and now trades at $43,002.89 or 0.41560521 BTC.
• Memetic (MEME) traded up 2.1% against the dollar and now trades at $0.0016 or 0.00000002 BTC.
• ReddCoin (RDD) traded 5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• PotCoin (POT) traded up 3.2% against the dollar and now trades at $0.0014 or 0.00000001 BTC.

About Compound

Compound (COMP) 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 9,639,551 tokens. Compound’s official message board is medium.com/compound-finance. The official website for Compound is compoundlabs.xyz. 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 9,639,550.57905028 in circulation. The last known price of Compound is 33.1475912 USD and is down -1.68 over the last 24 hours. It is currently trading on 605 active market(s) with $22,937,454.45 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 acquire Compound should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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