Komodo Trading 3.5% Lower This Week (KMD)

Komodo (KMD) traded down 2.6% against the US dollar during the 24-hour period ending at 7:00 AM E.T. on November 2nd. Komodo has a total market cap of $30.41 million and $845,463.89 worth of Komodo was traded on exchanges in the last day. Over the last week, Komodo has traded down 3.5% against the US dollar. One Komodo coin can currently be bought for about $0.22 or 0.00000321 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 1.4% higher against the dollar and now trades at $37.59 or 0.00054009 BTC.
• Bitcoin Gold (BTG) traded 1.8% lower against the dollar and now trades at $22.22 or 0.00031917 BTC.
• Horizen (ZEN) traded 1% higher against the dollar and now trades at $7.47 or 0.00010734 BTC.
• Pirate Chain (ARRR) traded 5.7% lower against the dollar and now trades at $0.17 or 0.00000251 BTC.
• ZClassic (ZCL) traded 0.8% lower against the dollar and now trades at $0.0487 or 0.00000070 BTC.

Komodo Coin Profile

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 140,553,259 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official website for Komodo is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed 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.”

Buying and Selling Komodo

It is usually not presently 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView