Compound (COMP) Price Reaches $57.95 on Major Exchanges

Compound (COMP) traded 1.7% higher against the US dollar during the one day period ending at 23:00 PM E.T. on May 5th. One Compound token can now be purchased for $57.95 or 0.00090763 BTC on exchanges. Over the last seven days, Compound has traded up 3.7% against the US dollar. Compound has a market capitalization of $470.26 million and approximately $24.79 million worth of Compound was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• Decred (DCR) traded 2.1% higher against the dollar and now trades at $21.50 or 0.00033678 BTC.
• Bitcoiva (BCA) traded up 8.4% against the dollar and now trades at $9.43 or 0.00014763 BTC.
• EverGrow Coin (EGC) traded 0.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 8.2% higher against the dollar and now trades at $2.13 or 0.00003337 BTC.
• Bitcoin Diamond (BCD) traded down 0.7% against the dollar and now trades at $0.11 or 0.00000173 BTC.
• dForce USD (USX) traded up 0.2% against the dollar and now trades at $0.98 or 0.00001531 BTC.
• WhiteCoin (XWC) traded 13.4% higher against the dollar and now trades at $0.0047 or 0.00000007 BTC.
• ReddCoin (RDD) traded 13.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded down 0.8% against the dollar and now trades at $0.0554 or 0.00000087 BTC.
• Aion (AION) traded 3.5% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Compound Profile

Compound 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 8,114,422 tokens. 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. 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 8,114,411.98771678 in circulation. The last known price of Compound is 57.24254318 USD and is down -2.83 over the last 24 hours. It is currently trading on 491 active market(s) with $26,649,871.89 traded over the last 24 hours. More information can be found at https://compound.finance/governance/comp.”

Compound Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Compound directly using US dollars. Investors seeking to acquire Compound should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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