Komodo 1-Day Volume Hits $1.69 Million (KMD)

Komodo (KMD) traded 2.9% higher against the U.S. dollar during the 1 day period ending at 19:00 PM E.T. on September 17th. Over the last week, Komodo has traded 8.3% lower against the U.S. dollar. Komodo has a total market capitalization of $31.45 million and $1.69 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for about $0.23 or 0.00000384 BTC on cryptocurrency exchanges.

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

• Zcash (ZEC) traded 2% higher against the dollar and now trades at $29.75 or 0.00049400 BTC.
• Bitcoin Gold (BTG) traded 1% higher against the dollar and now trades at $22.15 or 0.00036770 BTC.
• Horizen (ZEN) traded up 1.7% against the dollar and now trades at $7.84 or 0.00013015 BTC.
• Pirate Chain (ARRR) traded down 0.7% against the dollar and now trades at $0.17 or 0.00000286 BTC.
• ZClassic (ZCL) traded up 3.5% against the dollar and now trades at $0.0482 or 0.00000080 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,434,066 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. The official website for Komodo is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here.

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.”

Komodo Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView