Compound Achieves Market Capitalization of $463.77 Million (COMP)

Compound (COMP) traded down 0.2% against the dollar during the 24-hour period ending at 15:00 PM E.T. on May 7th. Compound has a market capitalization of $463.77 million and $33.99 million worth of Compound was traded on exchanges in the last 24 hours. Over the last week, Compound has traded up 10.3% against the dollar. One Compound token can now be bought for about $57.15 or 0.00090496 BTC on popular cryptocurrency exchanges.

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

• Decred (DCR) traded 1% higher against the dollar and now trades at $21.68 or 0.00034327 BTC.
• Bitcoiva (BCA) traded down 1.4% against the dollar and now trades at $9.19 or 0.00014557 BTC.
• Safe (SAFE) traded 1.4% higher against the dollar and now trades at $2.16 or 0.00003370 BTC.
• EverGrow Coin (EGC) traded down 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded 2.1% higher against the dollar and now trades at $0.11 or 0.00000172 BTC.
• dForce USD (USX) traded 0.2% higher against the dollar and now trades at $0.98 or 0.00001548 BTC.
• WhiteCoin (XWC) traded down 1.5% against the dollar and now trades at $0.0054 or 0.00000009 BTC.
• ReddCoin (RDD) traded down 4.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 4.1% lower against the dollar and now trades at $0.0537 or 0.00000085 BTC.
• Aion (AION) traded 7.7% higher against the dollar and now trades at $0.0021 or 0.00000003 BTC.

About Compound

COMP 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 8,114,500 tokens. The official website for Compound 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 8,114,500.06145829 in circulation. The last known price of Compound is 56.48679458 USD and is down -2.82 over the last 24 hours. It is currently trading on 493 active market(s) with $34,761,497.19 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 currently possible to purchase alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to trade Compound should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Compound using one of the exchanges listed above.

COMP/USD price chart by TradingView