Komodo Trading 1.6% Lower Over Last Week (KMD)

Komodo (KMD) traded up 6.1% against the US dollar during the 1-day period ending at 12:00 PM Eastern on December 24th. Komodo has a total market capitalization of $45.62 million and $2.84 million worth of Komodo was traded on exchanges in the last day. During the last week, Komodo has traded 1.6% lower against the US dollar. One Komodo coin can now be bought for $0.34 or 0.00000339 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 9.4% against the dollar and now trades at $69.07 or 0.00069812 BTC.
• Horizen (ZEN) traded 16.9% higher against the dollar and now trades at $36.85 or 0.00037244 BTC.
• Bitcoin Gold (BTG) traded 22.6% lower against the dollar and now trades at $13.21 or 0.00013347 BTC.
• Pirate Chain (ARRR) traded 0.7% lower against the dollar and now trades at $0.21 or 0.00000217 BTC.
• ZClassic (ZCL) traded up 5.7% against the dollar and now trades at $0.0396 or 0.00000040 BTC.

About Komodo

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,630,616 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official website is komodoplatform.com. 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView