Komodo (KMD) Hits 24 Hour Trading Volume of $1.03 Million

Komodo (KMD) traded 0.2% lower against the U.S. dollar during the 1-day period ending at 22:00 PM Eastern on October 30th. One Komodo coin can now be purchased for about $0.25 or 0.00000341 BTC on cryptocurrency exchanges. Over the last seven days, Komodo has traded up 0% against the U.S. dollar. Komodo has a total market cap of $33.38 million and $1.03 million worth of Komodo was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded down 2.6% against the dollar and now trades at $38.33 or 0.00053164 BTC.
• Bitcoin Gold (BTG) traded down 1.9% against the dollar and now trades at $23.23 or 0.00032228 BTC.
• Horizen (ZEN) traded 3.1% lower against the dollar and now trades at $7.58 or 0.00010519 BTC.
• Pirate Chain (ARRR) traded 1.8% higher against the dollar and now trades at $0.19 or 0.00000263 BTC.
• ZClassic (ZCL) traded 0% lower against the dollar and now trades at $0.0506 or 0.00000070 BTC.

Komodo 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 140,549,881 coins and its circulating supply is 135,953,876 coins. 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. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. 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 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 Gemini, GDAX or Changelly. 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