Komodo Hits 24 Hour Trading Volume of $1.02 Million (KMD)

Komodo (KMD) traded 0% lower against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on February 22nd. Komodo has a market capitalization of $27.78 million and $1.02 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be purchased for $0.20 or 0.00000211 BTC on popular exchanges. During the last seven days, Komodo has traded 1.9% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 0.8% against the dollar and now trades at $36.20 or 0.00037433 BTC.
• Horizen (ZEN) traded 1.1% higher against the dollar and now trades at $13.47 or 0.00013925 BTC.
• Bitcoin Gold (BTG) traded up 56.2% against the dollar and now trades at $5.27 or 0.00005447 BTC.
• Pirate Chain (ARRR) traded 0.7% lower against the dollar and now trades at $0.18 or 0.00000191 BTC.
• ZClassic (ZCL) traded 117.8% higher against the dollar and now trades at $0.0832 or 0.00000086 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,716,961 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 website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView