Komodo (KMD) Tops 24-Hour Trading Volume of $762,111.66

Komodo (KMD) traded 4.6% lower against the US dollar during the 24-hour period ending at 15:00 PM Eastern on November 3rd. Komodo has a total market cap of $28.34 million and approximately $762,111.66 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for $0.21 or 0.00000304 BTC on popular cryptocurrency exchanges. Over the last seven days, Komodo has traded 11.5% lower against the US dollar.

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

• Zcash (ZEC) traded up 0.7% against the dollar and now trades at $36.83 or 0.00053674 BTC.
• Bitcoin Gold (BTG) traded down 5% against the dollar and now trades at $21.13 or 0.00030791 BTC.
• Horizen (ZEN) traded down 2.9% against the dollar and now trades at $7.17 or 0.00010448 BTC.
• Pirate Chain (ARRR) traded down 3.4% against the dollar and now trades at $0.16 or 0.00000234 BTC.
• ZClassic (ZCL) traded down 1.3% against the dollar and now trades at $0.0631 or 0.00000092 BTC.

About Komodo

Komodo (CRYPTO: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 140,555,209 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. Komodo’s official website 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView