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

Komodo (KMD) traded up 2.9% against the dollar during the 1-day period ending at 19:00 PM ET on September 17th. One Komodo coin can now be bought for $0.23 or 0.00000384 BTC on major exchanges. During the last week, Komodo has traded 8.3% lower against the dollar. Komodo has a total market cap of $31.45 million and approximately $1.69 million worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 1.7% higher 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 3.5% higher against the dollar and now trades at $0.0482 or 0.00000080 BTC.

Komodo Coin Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,434,066 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. Komodo’s official message board is blog.komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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 buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase 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