Komodo Reaches 24 Hour Trading Volume of $1.33 Million (KMD)

Komodo (KMD) traded down 6.1% against the U.S. dollar during the 1 day period ending at 8:00 AM Eastern on September 16th. Over the last week, Komodo has traded 4.8% lower against the U.S. dollar. One Komodo coin can now be purchased for $0.23 or 0.00000394 BTC on cryptocurrency exchanges. Komodo has a total market capitalization of $31.41 million and $1.33 million worth of Komodo was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded 5.5% lower against the dollar and now trades at $29.15 or 0.00049696 BTC.
• Bitcoin Gold (BTG) traded 2.6% lower against the dollar and now trades at $21.82 or 0.00037213 BTC.
• Horizen (ZEN) traded 3.4% lower against the dollar and now trades at $7.79 or 0.00013287 BTC.
• Pirate Chain (ARRR) traded 2% higher against the dollar and now trades at $0.18 or 0.00000300 BTC.
• ZClassic (ZCL) traded down 2.3% against the dollar and now trades at $0.0469 or 0.00000080 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,428,127 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.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 website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView