Komodo (KMD) Trading 2% Lower Over Last Week

Komodo (KMD) traded 0.7% lower against the dollar during the one day period ending at 20:00 PM ET on August 9th. During the last week, Komodo has traded down 2% against the dollar. Komodo has a total market capitalization of $33.01 million and approximately $1.61 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for approximately $0.24 or 0.00000399 BTC on popular cryptocurrency exchanges.

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

• Zcash (ZEC) traded 13.2% higher against the dollar and now trades at $40.65 or 0.00066727 BTC.
• Bitcoin Gold (BTG) traded 0.4% lower against the dollar and now trades at $23.25 or 0.00038166 BTC.
• Horizen (ZEN) traded 3.2% higher against the dollar and now trades at $8.55 or 0.00014034 BTC.
• Pirate Chain (ARRR) traded 3% higher against the dollar and now trades at $0.17 or 0.00000282 BTC.
• ZClassic (ZCL) traded down 1% against the dollar and now trades at $0.0486 or 0.00000080 BTC.

About 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 140,272,682 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.komodoplatform.com. The official website for Komodo is 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 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 purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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