Compound Reaches Market Capitalization of $454.23 Million (COMP)

Compound (COMP) traded down 3.2% against the U.S. dollar during the 24 hour period ending at 0:00 AM E.T. on May 6th. During the last seven days, Compound has traded 0.3% higher against the U.S. dollar. Compound has a total market cap of $454.23 million and $32.82 million worth of Compound was traded on exchanges in the last 24 hours. One Compound token can currently be purchased for approximately $55.98 or 0.00088456 BTC on major cryptocurrency exchanges.

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

• Decred (DCR) traded 0.4% higher against the dollar and now trades at $21.56 or 0.00034067 BTC.
• Bitcoiva (BCA) traded 1% lower against the dollar and now trades at $9.33 or 0.00014739 BTC.
• Safe (SAFE) traded 1% higher against the dollar and now trades at $2.15 or 0.00003397 BTC.
• EverGrow Coin (EGC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded 5.6% lower against the dollar and now trades at $0.10 or 0.00000164 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $0.98 or 0.00001542 BTC.
• WhiteCoin (XWC) traded up 15.4% against the dollar and now trades at $0.0054 or 0.00000009 BTC.
• ReddCoin (RDD) traded 12.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded down 1.8% against the dollar and now trades at $0.0547 or 0.00000086 BTC.
• Aion (AION) traded 0.5% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Compound Token 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 8,114,448 tokens. Compound’s official website is compound.finance/governance/comp. The official message board for Compound 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 8,114,422.03026344 in circulation. The last known price of Compound is 58.07637536 USD and is up 1.24 over the last 24 hours. It is currently trading on 492 active market(s) with $24,535,323.12 traded over the last 24 hours. More information can be found at https://compound.finance/governance/comp.”

Buying and Selling Compound

It is usually not 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 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