Komodo One Day Volume Tops $4.83 Million (KMD)

Komodo (KMD) traded 0.9% higher against the US dollar during the 24 hour period ending at 11:00 AM E.T. on December 8th. One Komodo coin can currently be bought for about $0.39 or 0.00000389 BTC on exchanges. Komodo has a total market cap of $52.98 million and approximately $4.83 million worth of Komodo was traded on exchanges in the last day. In the last seven days, Komodo has traded up 14.6% against the US dollar.

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

• Zcash (ZEC) traded up 3.4% against the dollar and now trades at $74.27 or 0.00074191 BTC.
• Bitcoin Gold (BTG) traded up 1.3% against the dollar and now trades at $37.32 or 0.00037278 BTC.
• Horizen (ZEN) traded down 0.8% against the dollar and now trades at $17.46 or 0.00017443 BTC.
• Pirate Chain (ARRR) traded 9% lower against the dollar and now trades at $0.26 or 0.00000259 BTC.
• ZClassic (ZCL) traded up 0.5% against the dollar and now trades at $0.0601 or 0.00000060 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,605,890 coins and its circulating supply is 135,953,876 coins. The official website for Komodo is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official message board for Komodo 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.

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 acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase 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