Komodo Hits 24 Hour Volume of $1.98 Million (KMD)

Komodo (KMD) traded up 2.7% against the dollar during the 1-day period ending at 12:00 PM E.T. on January 9th. One Komodo coin can currently be purchased for $0.30 or 0.00000318 BTC on major exchanges. During the last week, Komodo has traded down 10.2% against the dollar. Komodo has a market cap of $40.76 million and approximately $1.98 million worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded 0.1% higher against the dollar and now trades at $49.62 or 0.00052704 BTC.
• Horizen (ZEN) traded up 6.8% against the dollar and now trades at $24.19 or 0.00025695 BTC.
• Bitcoin Gold (BTG) traded 8.4% lower against the dollar and now trades at $12.66 or 0.00013453 BTC.
• Pirate Chain (ARRR) traded up 4.4% against the dollar and now trades at $0.20 or 0.00000213 BTC.
• ZClassic (ZCL) traded 0.5% lower against the dollar and now trades at $0.0405 or 0.00000043 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 140,653,577 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. The official message board for Komodo 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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView