Komodo Trading 5.5% Lower This Week (KMD)

Komodo (KMD) traded 2.9% lower against the US dollar during the 1-day period ending at 19:00 PM Eastern on November 1st. In the last week, Komodo has traded down 5.5% against the US dollar. Komodo has a total market cap of $30.89 million and approximately $846,303.14 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for $0.23 or 0.00000328 BTC on major exchanges.

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

• Zcash (ZEC) traded 2.8% higher against the dollar and now trades at $37.82 or 0.00054527 BTC.
• Bitcoin Gold (BTG) traded 2.4% lower against the dollar and now trades at $22.22 or 0.00032043 BTC.
• Horizen (ZEN) traded 0.9% lower against the dollar and now trades at $7.30 or 0.00010525 BTC.
• Pirate Chain (ARRR) traded down 0.8% against the dollar and now trades at $0.18 or 0.00000265 BTC.
• ZClassic (ZCL) traded down 1.4% against the dollar and now trades at $0.0486 or 0.00000070 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,552,529 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 Twitter account is @komodoplatform and its Facebook page is accessible here. The official website for Komodo 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.”

Buying and Selling Komodo

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly 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