Komodo (KMD) Trading Down 1.6% Over Last 7 Days

Komodo (KMD) traded up 4.1% against the dollar during the one day period ending at 20:00 PM ET on October 29th. Komodo has a market capitalization of $34.12 million and approximately $1.13 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for $0.25 or 0.00000346 BTC on major exchanges. Over the last week, Komodo has traded down 1.6% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded up 0.2% against the dollar and now trades at $38.49 or 0.00053076 BTC.
• Bitcoin Gold (BTG) traded up 3.4% against the dollar and now trades at $24.13 or 0.00033276 BTC.
• Horizen (ZEN) traded up 2.1% against the dollar and now trades at $7.84 or 0.00010817 BTC.
• Pirate Chain (ARRR) traded up 3.9% against the dollar and now trades at $0.18 or 0.00000255 BTC.
• ZClassic (ZCL) traded 3.8% higher against the dollar and now trades at $0.0508 or 0.00000070 BTC.

Komodo Coin Profile

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 140,548,282 coins and its circulating supply is 135,953,876 coins. Komodo’s official website 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. The official message board for Komodo 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 presently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView