Compound (COMP) Achieves Market Capitalization of $452.72 Million

Compound (COMP) traded down 2.2% against the dollar during the 24-hour period ending at 19:00 PM ET on April 28th. One Compound token can now be bought for approximately $55.81 or 0.00088610 BTC on major exchanges. Over the last week, Compound has traded 4.9% lower against the dollar. Compound has a market capitalization of $452.72 million and $21.98 million worth of Compound was traded on exchanges in the last day.

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

• Decred (DCR) traded down 2.8% against the dollar and now trades at $20.46 or 0.00032487 BTC.
• Bitcoiva (BCA) traded down 1.9% against the dollar and now trades at $8.24 or 0.00013084 BTC.
• Safe (SAFE) traded 6.2% higher against the dollar and now trades at $2.60 or 0.00004127 BTC.
• EverGrow Coin (EGC) traded up 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded up 0.5% against the dollar and now trades at $0.11 or 0.00000174 BTC.
• dForce USD (USX) traded 0.6% lower against the dollar and now trades at $0.98 or 0.00001557 BTC.
• WhiteCoin (XWC) traded 2.4% higher against the dollar and now trades at $0.0048 or 0.00000008 BTC.
• ReddCoin (RDD) traded down 6.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded down 0.6% against the dollar and now trades at $0.0648 or 0.00000103 BTC.
• Aion (AION) traded 0.6% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Compound

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 8,112,065 tokens. 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. The official website for Compound is compound.finance/governance/comp.

According to CryptoCompare, “Compound (COMP) is a cryptocurrency and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 8,112,065.00268426 in circulation. The last known price of Compound is 57.58804601 USD and is up 2.35 over the last 24 hours. It is currently trading on 490 active market(s) with $26,848,114.56 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 acquire Compound should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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