Compound Hits Market Cap of $459.37 Million (COMP)

Compound (COMP) traded 8.4% higher against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on May 2nd. Compound has a total market cap of $459.37 million and $32.08 million worth of Compound was traded on exchanges in the last day. In the last seven days, Compound has traded 0.7% higher against the dollar. One Compound token can now be purchased for about $56.61 or 0.00095947 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Decred (DCR) traded 7.4% higher against the dollar and now trades at $20.21 or 0.00034256 BTC.
• Bitcoiva (BCA) traded 5.9% higher against the dollar and now trades at $8.96 or 0.00015177 BTC.
• EverGrow Coin (EGC) traded up 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 26.8% lower against the dollar and now trades at $1.90 or 0.00003220 BTC.
• Bitcoin Diamond (BCD) traded 8.3% higher against the dollar and now trades at $0.11 or 0.00000184 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $0.98 or 0.00001656 BTC.
• WhiteCoin (XWC) traded 2.9% higher against the dollar and now trades at $0.0049 or 0.00000008 BTC.
• ReddCoin (RDD) traded 2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 2.6% higher against the dollar and now trades at $0.0534 or 0.00000090 BTC.
• Aion (AION) traded 1.8% 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 was first traded on September 30th, 2017. Compound’s total supply is 10,000,000 tokens and its circulating supply is 8,114,146 tokens. Compound’s official website is compound.finance/governance/comp. 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 8,114,145.63512225 in circulation. The last known price of Compound is 54.92247743 USD and is up 2.70 over the last 24 hours. It is currently trading on 490 active market(s) with $36,656,318.99 traded over the last 24 hours. More information can be found at https://compound.finance/governance/comp.”

Compound Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to acquire Compound should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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