Komodo (KMD) Trading Down 13.7% Over Last Week

Komodo (KMD) traded down 2.5% against the U.S. dollar during the one day period ending at 12:00 PM ET on January 29th. Over the last seven days, Komodo has traded down 13.7% against the U.S. dollar. One Komodo coin can now be purchased for approximately $0.22 or 0.00000218 BTC on major cryptocurrency exchanges. Komodo has a market capitalization of $30.18 million and approximately $830,634.99 worth of Komodo was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 5.8% against the dollar and now trades at $41.43 or 0.00040662 BTC.
• Horizen (ZEN) traded 1.9% lower against the dollar and now trades at $17.81 or 0.00017485 BTC.
• Bitcoin Gold (BTG) traded down 0.5% against the dollar and now trades at $5.95 or 0.00005841 BTC.
• Pirate Chain (ARRR) traded 1.6% lower against the dollar and now trades at $0.18 or 0.00000176 BTC.
• ZClassic (ZCL) traded 0.3% lower against the dollar and now trades at $0.0438 or 0.00000043 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,682,383 coins and its circulating supply is 135,953,876 coins. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.komodoplatform.com.

According to CryptoCompare, “Komodo (KMD) is a blockchain and cryptocurrency platform focused on security, anonymity, and interoperability. Stemming from Bitcoin’s foundation, it surpasses limitations with advanced tech. Key is “delayed proof of work” (dPoW), backing up Komodo on Bitcoin’s chain for extra security. This innovation supports independent blockchains with unique consensus mechanisms, ideal for decentralized apps and secure token sales. Founded by James Lee, Komodo’s team envisioned a privacy-focused, scalable ecosystem, leveraging Lee’s software and blockchain expertise.”

Buying and Selling Komodo

It is usually not currently possible to buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first buy 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 buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView