Komodo (KMD) Trading Down 2.6% Over Last 7 Days

Komodo (KMD) traded 0.5% higher against the US dollar during the 24 hour period ending at 22:00 PM E.T. on October 24th. Over the last seven days, Komodo has traded down 2.6% against the US dollar. One Komodo coin can currently be purchased for approximately $0.25 or 0.00000363 BTC on popular exchanges. Komodo has a market cap of $33.44 million and $1.03 million worth of Komodo was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 1.4% lower against the dollar and now trades at $37.61 or 0.00055434 BTC.
• Bitcoin Gold (BTG) traded down 0.6% against the dollar and now trades at $22.30 or 0.00032875 BTC.
• Horizen (ZEN) traded up 1% against the dollar and now trades at $7.76 or 0.00011445 BTC.
• Pirate Chain (ARRR) traded 0.4% lower against the dollar and now trades at $0.17 or 0.00000250 BTC.
• ZClassic (ZCL) traded 1% higher against the dollar and now trades at $0.0577 or 0.00000085 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,541,292 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 official message board for Komodo is blog.komodoplatform.com. 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.

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 currently 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 GDAX, Gemini 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