Komodo (KMD) 1-Day Trading Volume Hits $43.68 Million

Komodo (KMD) traded 3.6% lower against the dollar during the twenty-four hour period ending at 14:00 PM ET on May 9th. Over the last seven days, Komodo has traded 0.5% lower against the dollar. Komodo has a total market cap of $54.56 million and approximately $43.68 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for about $0.40 or 0.00000647 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin Gold (BTG) traded 3.4% lower against the dollar and now trades at $33.68 or 0.00054308 BTC.
• Zcash (ZEC) traded 2% higher against the dollar and now trades at $23.52 or 0.00037929 BTC.
• Horizen (ZEN) traded 2.1% higher against the dollar and now trades at $9.06 or 0.00014609 BTC.
• Pirate Chain (ARRR) traded down 2% against the dollar and now trades at $0.37 or 0.00000599 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 2% higher against the dollar and now trades at $0.0556 or 0.00000090 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,841,921 coins and its circulating supply is 135,953,876 coins. 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. The official website for Komodo is 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView