Komodo One Day Trading Volume Reaches $3.09 Million (KMD)

Komodo (KMD) traded 4.1% higher against the dollar during the 24 hour period ending at 23:00 PM E.T. on June 4th. During the last seven days, Komodo has traded up 7.6% against the dollar. One Komodo coin can currently be bought for $0.43 or 0.00000610 BTC on popular exchanges. Komodo has a market capitalization of $58.77 million and $3.09 million worth of Komodo was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin Gold (BTG) traded up 3.5% against the dollar and now trades at $34.18 or 0.00048219 BTC.
• Zcash (ZEC) traded 6.3% higher against the dollar and now trades at $27.20 or 0.00038384 BTC.
• Horizen (ZEN) traded 1.8% higher against the dollar and now trades at $9.48 or 0.00013380 BTC.
• Pirate Chain (ARRR) traded up 4.3% against the dollar and now trades at $0.24 or 0.00000337 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 0.6% lower against the dollar and now trades at $0.0619 or 0.00000087 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 139,999,605 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is 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 message board for Komodo 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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView