Komodo (KMD) 1-Day Volume Tops $1.10 Million

Komodo (KMD) traded up 6.2% against the U.S. dollar during the 24-hour period ending at 14:00 PM Eastern on October 14th. One Komodo coin can now be bought for about $0.27 or 0.00000412 BTC on major cryptocurrency exchanges. During the last seven days, Komodo has traded 5.1% higher against the U.S. dollar. Komodo has a market capitalization of $36.85 million and $1.10 million worth of Komodo was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 10.4% higher against the dollar and now trades at $37.99 or 0.00057751 BTC.
• Bitcoin Gold (BTG) traded up 5.7% against the dollar and now trades at $23.10 or 0.00035120 BTC.
• Horizen (ZEN) traded up 4.9% against the dollar and now trades at $8.40 or 0.00012776 BTC.
• Pirate Chain (ARRR) traded 0.5% lower against the dollar and now trades at $0.17 or 0.00000252 BTC.
• ZClassic (ZCL) traded up 5.2% against the dollar and now trades at $0.0526 or 0.00000080 BTC.

Komodo Coin Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,517,601 coins and its circulating supply is 135,953,876 coins. 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. Komodo’s official website is komodoplatform.com. Komodo’s official message board 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 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView