Compound (COMP) Reaches Market Cap of $352.40 Million

Compound (COMP) traded up 1.8% against the dollar during the twenty-four hour period ending at 10:00 AM ET on August 18th. One Compound token can now be purchased for approximately $42.06 or 0.00070263 BTC on exchanges. In the last week, Compound has traded down 0.5% against the dollar. Compound has a market cap of $352.40 million and $25.09 million worth of Compound was traded on exchanges in the last 24 hours.

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

• Decred (DCR) traded up 4.1% against the dollar and now trades at $10.30 or 0.00017206 BTC.
• Bitcoiva (BCA) traded 1% higher against the dollar and now trades at $4.65 or 0.00007767 BTC.
• EverGrow Coin (EGC) traded 0.8% lower 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 0.00001657 BTC.
• Bitcoin Diamond (BCD) traded up 3.3% against the dollar and now trades at $0.0701 or 0.00000117 BTC.
• WhiteCoin (XWC) traded down 0.5% against the dollar and now trades at $0.0059 or 0.00000010 BTC.
• Navcoin (NAV) traded down 2.7% against the dollar and now trades at $0.0397 or 0.00000066 BTC.
• ReddCoin (RDD) traded 85.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 8% higher against the dollar and now trades at $0.0108 or 0.00000018 BTC.
• Aion (AION) traded up 0% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Compound Profile

Compound (CRYPTO: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 8,377,799 tokens. The official website for Compound is compoundlabs.xyz. Compound’s official Twitter account is @compoundfinance and its Facebook page is accessible here. The official message board for Compound is medium.com/compound-finance.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,377,799.18937623 in circulation. The last known price of Compound is 41.32609509 USD and is down -2.07 over the last 24 hours. It is currently trading on 512 active market(s) with $27,835,857.51 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, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView