Komodo Trading Down 2.4% Over Last Week (KMD)

Komodo (KMD) traded up 2.2% against the US dollar during the 1 day period ending at 20:00 PM E.T. on October 19th. One Komodo coin can now be bought for $0.26 or 0.00000380 BTC on cryptocurrency exchanges. During the last week, Komodo has traded 2.4% lower against the US dollar. Komodo has a total market cap of $35.34 million and approximately $553,755.97 worth of Komodo was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded up 2.5% against the dollar and now trades at $36.92 or 0.00054033 BTC.
• Bitcoin Gold (BTG) traded 1.5% lower against the dollar and now trades at $23.62 or 0.00034577 BTC.
• Horizen (ZEN) traded 0.6% higher against the dollar and now trades at $8.15 or 0.00011934 BTC.
• Pirate Chain (ARRR) traded up 1.3% against the dollar and now trades at $0.18 or 0.00000264 BTC.
• ZClassic (ZCL) traded 4.2% higher against the dollar and now trades at $0.0547 or 0.00000080 BTC.

Komodo Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,524,790 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. Komodo’s official website is komodoplatform.com. 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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView