Compound Hits Market Capitalization of $396.12 Million (COMP)

Compound (COMP) traded 1.6% higher against the dollar during the twenty-four hour period ending at 17:00 PM ET on July 12th. Compound has a market capitalization of $396.12 million and $27.74 million worth of Compound was traded on exchanges in the last day. One Compound token can currently be purchased for approximately $47.38 or 0.00082266 BTC on exchanges. Over the last seven days, Compound has traded 1% higher against the dollar.

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

• Decred (DCR) traded up 2% against the dollar and now trades at $13.40 or 0.00023267 BTC.
• Bitcoiva (BCA) traded down 0.5% against the dollar and now trades at $6.06 or 0.00010528 BTC.
• EverGrow Coin (EGC) traded 0.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001730 BTC.
• Bitcoin Diamond (BCD) traded up 0.8% against the dollar and now trades at $0.0574 or 0.00000100 BTC.
• WhiteCoin (XWC) traded up 0% against the dollar and now trades at $0.0044 or 0.00000008 BTC.
• Navcoin (NAV) traded 0.4% higher against the dollar and now trades at $0.0428 or 0.00000074 BTC.
• Aion (AION) traded 16% higher against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• ReddCoin (RDD) traded down 0.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 2.2% higher against the dollar and now trades at $0.0143 or 0.00000025 BTC.

Compound Profile

Compound (CRYPTO: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 8,359,640 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 8,359,586.83888795 in circulation. The last known price of Compound is 46.66092646 USD and is down -3.32 over the last 24 hours. It is currently trading on 503 active market(s) with $29,279,597.03 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Compound Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to acquire Compound should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView