Komodo (KMD) 24-Hour Trading Volume Hits $3.23 Million

Komodo (KMD) traded 5.2% higher against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on April 18th. Komodo has a market capitalization of $54.06 million and $3.23 million worth of Komodo was traded on exchanges in the last day. Over the last week, Komodo has traded down 13.2% against the U.S. dollar. One Komodo coin can currently be purchased for about $0.40 or 0.00000622 BTC on exchanges.

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

• Bitcoin Gold (BTG) traded 2.4% higher against the dollar and now trades at $35.68 or 0.00055814 BTC.
• Zcash (ZEC) traded up 7.7% against the dollar and now trades at $21.85 or 0.00034173 BTC.
• Horizen (ZEN) traded up 5.6% against the dollar and now trades at $8.57 or 0.00013399 BTC.
• Pirate Chain (ARRR) traded up 13.4% against the dollar and now trades at $0.36 or 0.00000568 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 3.3% higher against the dollar and now trades at $0.0600 or 0.00000094 BTC.

Komodo Coin 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 139,752,559 coins and its circulating supply is 135,953,876 coins. 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. Komodo’s official message board 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 presently 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 Changelly, GDAX 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