Komodo (KMD) Reaches 1-Day Trading Volume of $888,566.92

Komodo (KMD) traded up 0.8% against the U.S. dollar during the 24-hour period ending at 13:00 PM E.T. on October 28th. In the last seven days, Komodo has traded 8.9% lower against the U.S. dollar. One Komodo coin can now be bought for about $0.24 or 0.00000342 BTC on major cryptocurrency exchanges. Komodo has a market cap of $32.11 million and $888,566.92 worth of Komodo was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 12.3% higher against the dollar and now trades at $37.76 or 0.00054659 BTC.
• Bitcoin Gold (BTG) traded up 4% against the dollar and now trades at $22.80 or 0.00033001 BTC.
• Horizen (ZEN) traded 0.2% lower against the dollar and now trades at $7.41 or 0.00010728 BTC.
• Pirate Chain (ARRR) traded down 0.5% against the dollar and now trades at $0.18 or 0.00000257 BTC.
• ZClassic (ZCL) traded 14.8% lower against the dollar and now trades at $0.0491 or 0.00000071 BTC.

Komodo 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 140,546,502 coins and its circulating supply is 135,953,876 coins. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. The official website for Komodo is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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.”

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 Gemini, Changelly or GDAX. 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