Compound USD Coin Achieves Self Reported Market Cap of $918.59 Million (CUSDC)

Compound USD Coin (CUSDC) traded 2.5% lower against the US dollar during the 1-day period ending at 23:00 PM Eastern on November 24th. In the last week, Compound USD Coin has traded down 1.8% against the US dollar. One Compound USD Coin token can currently be bought for $0.0216 or 0.00000131 BTC on major exchanges. Compound USD Coin has a total market cap of $918.59 million and approximately $5.61 million worth of Compound USD Coin was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded 13.1% lower against the dollar and now trades at $0.37 or 0.00002224 BTC.
  • Aidi Finance (BSC) (AIDI) traded 7.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded up 1.6% against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded up 4% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded 3% higher against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded 3.1% higher against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

Compound USD Coin Profile

Compound USD Coin was first traded on July 8th, 2020. Compound USD Coin’s total supply is 9,803,299,805 tokens. The Reddit community for Compound USD Coin is https://reddit.com/r/compound and the currency’s Github account can be viewed here. Compound USD Coin’s official website is compound.finance. The official message board for Compound USD Coin is medium.com/compound-finance. Compound USD Coin’s official Twitter account is @compoundfinance and its Facebook page is accessible here.

According to CryptoCompare, “Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.cUSDC is the Compound's wrapped version of USDC and it's available on the Compound platform.”

Compound USD Coin Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Compound USD Coin directly using U.S. dollars. Investors seeking to trade Compound USD Coin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Compound USD Coin using one of the aforementioned exchanges.

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