Compound (COMP) Market Capitalization Tops $399.14 Million

Compound (COMP) traded down 3.7% against the US dollar during the 24 hour period ending at 16:00 PM E.T. on July 29th. Compound has a market capitalization of $399.14 million and $57.21 million worth of Compound was traded on exchanges in the last day. One Compound token can now be purchased for approximately $47.74 or 0.00071005 BTC on exchanges. During the last week, Compound has traded 7.3% lower against the US dollar.

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

• Decred (DCR) traded down 1.4% against the dollar and now trades at $12.28 or 0.00018268 BTC.
• Bitcoiva (BCA) traded 2.7% lower against the dollar and now trades at $6.20 or 0.00009226 BTC.
• EverGrow Coin (EGC) traded up 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001485 BTC.
• Bitcoin Diamond (BCD) traded 7.6% higher against the dollar and now trades at $0.0697 or 0.00000104 BTC.
• WhiteCoin (XWC) traded 18.2% higher against the dollar and now trades at $0.0045 or 0.00000007 BTC.
• Navcoin (NAV) traded up 0.4% against the dollar and now trades at $0.0469 or 0.00000070 BTC.
• ReddCoin (RDD) traded up 1.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 0.7% higher against the dollar and now trades at $0.0151 or 0.00000022 BTC.
• 42-coin (42) traded up 4.7% against the dollar and now trades at $31,027.45 or 0.46146684 BTC.

About Compound

Compound 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 8,360,460 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 8,360,455.67924329 in circulation. The last known price of Compound is 48.73509228 USD and is down -3.60 over the last 24 hours. It is currently trading on 507 active market(s) with $40,157,426.83 traded over the last 24 hours. More information can be found at https://compoundlabs.xyz/.”

Buying and Selling Compound

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

COMP/USD price chart by TradingView