Compound (COMP) Price Reaches $57.10 on Major Exchanges

Compound (COMP) traded 2.3% higher against the U.S. dollar during the 1-day period ending at 23:00 PM E.T. on May 8th. One Compound token can currently be purchased for $57.10 or 0.00092930 BTC on popular cryptocurrency exchanges. Compound has a market cap of $463.34 million and $32.44 million worth of Compound was traded on exchanges in the last day. Over the last week, Compound has traded 4.2% higher against the U.S. dollar.

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

• Decred (DCR) traded down 4.2% against the dollar and now trades at $20.26 or 0.00032973 BTC.
• Bitcoiva (BCA) traded 2% higher against the dollar and now trades at $9.21 or 0.00014981 BTC.
• Safe (SAFE) traded flat against the dollar and now trades at $2.16 or 0.00003370 BTC.
• EverGrow Coin (EGC) traded up 1.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded 8% lower against the dollar and now trades at $0.0992 or 0.00000161 BTC.
• dForce USD (USX) traded down 0.2% against the dollar and now trades at $0.98 or 0.00001587 BTC.
• WhiteCoin (XWC) traded 25.1% higher against the dollar and now trades at $0.0069 or 0.00000011 BTC.
• ReddCoin (RDD) traded 7.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 0.2% against the dollar and now trades at $0.0540 or 0.00000088 BTC.
• Aion (AION) traded 8% higher 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 8,114,507 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 8,114,500.06145829 in circulation. The last known price of Compound is 55.28121959 USD and is down -2.13 over the last 24 hours. It is currently trading on 493 active market(s) with $31,703,606.16 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 possible to buy alternative cryptocurrencies such as Compound directly using U.S. dollars. Investors seeking to acquire Compound should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound using one of the aforementioned exchanges.

COMP/USD price chart by TradingView