Komodo (KMD) Reaches 24 Hour Volume of $1.59 Million

Komodo (KMD) traded 8.7% lower against the US dollar during the 1 day period ending at 16:00 PM ET on July 4th. One Komodo coin can currently be purchased for about $0.28 or 0.00000473 BTC on major cryptocurrency exchanges. During the last seven days, Komodo has traded down 21.2% against the US dollar. Komodo has a market cap of $37.53 million and $1.59 million worth of Komodo was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin Gold (BTG) traded 1.9% lower against the dollar and now trades at $23.51 or 0.00040298 BTC.
• Zcash (ZEC) traded 4.4% lower against the dollar and now trades at $19.17 or 0.00032863 BTC.
• Horizen (ZEN) traded 4.7% higher against the dollar and now trades at $8.40 or 0.00014394 BTC.
• Pirate Chain (ARRR) traded 1.8% lower against the dollar and now trades at $0.18 or 0.00000303 BTC.
• ZClassic (ZCL) traded down 2.7% against the dollar and now trades at $0.0473 or 0.00000081 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,126,044 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. 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.

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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView