Komodo (KMD) Reaches One Day Trading Volume of $860,431.40

Komodo (KMD) traded 5% lower against the US dollar during the twenty-four hour period ending at 14:00 PM ET on November 2nd. One Komodo coin can currently be bought for $0.22 or 0.00000316 BTC on major cryptocurrency exchanges. Komodo has a total market capitalization of $29.80 million and approximately $860,431.40 worth of Komodo was traded on exchanges in the last day. In the last seven days, Komodo has traded 5.2% lower against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 2.9% against the dollar and now trades at $36.74 or 0.00052980 BTC.
• Bitcoin Gold (BTG) traded down 1.5% against the dollar and now trades at $22.10 or 0.00031871 BTC.
• Horizen (ZEN) traded down 0.9% against the dollar and now trades at $7.32 or 0.00010553 BTC.
• Pirate Chain (ARRR) traded down 10.1% against the dollar and now trades at $0.17 or 0.00000245 BTC.
• ZClassic (ZCL) traded 0.6% lower against the dollar and now trades at $0.0485 or 0.00000070 BTC.

Komodo Coin Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,553,644 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 Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official website is 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 currently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView