Compound USD Coin (CUSDC) Self Reported Market Capitalization Reaches $918.59 Million

Compound USD Coin (CUSDC) traded up 0.2% against the dollar during the 24 hour period ending at 18:00 PM E.T. on November 24th. During the last seven days, Compound USD Coin has traded 0.9% higher against the dollar. Compound USD Coin has a total market capitalization of $918.59 million and approximately $5.61 million worth of Compound USD Coin was traded on exchanges in the last 24 hours. One Compound USD Coin token can now be purchased for about $0.0221 or 0.00000133 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 4.8% lower against the dollar and now trades at $0.40 or 0.00002395 BTC.
  • Aidi Finance (BSC) (AIDI) traded 6.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 2.5% against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 2.5% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 4.2% higher against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded up 1.3% against the dollar and now trades at $1,419.06 or 0.08568953 BTC.
  • Kitty Inu (KITTY) traded 2.5% higher against the dollar and now trades at $80.16 or 0.00483549 BTC.
  • Lunar (LNR) traded up 2.9% against the dollar and now trades at $0.0601 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 13.5% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 2.5% higher against the dollar and now trades at $4,918.13 or 0.29667726 BTC.

Compound USD Coin Profile

Compound USD Coin launched on July 8th, 2020. Compound USD Coin’s total supply is 9,803,299,805 tokens. Compound USD Coin’s official Twitter account is @compoundfinance and its Facebook page is accessible here. 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 message board is medium.com/compound-finance. Compound USD Coin’s official website is compound.finance.

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 possible to buy alternative cryptocurrencies such as Compound USD Coin directly using U.S. dollars. Investors seeking to trade Compound USD Coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Compound USD Coin using one of the exchanges listed above.

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