Komodo Hits 24 Hour Volume of $1.56 Million (KMD)

Komodo (KMD) traded down 4.2% against the US dollar during the 24-hour period ending at 19:00 PM ET on June 29th. Komodo has a market capitalization of $41.53 million and $1.56 million worth of Komodo was traded on exchanges in the last day. Over the last week, Komodo has traded down 12% against the US dollar. One Komodo coin can currently be bought for $0.31 or 0.00000501 BTC on cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin Gold (BTG) traded 0.4% lower against the dollar and now trades at $24.98 or 0.00041006 BTC.
• Zcash (ZEC) traded down 2.7% against the dollar and now trades at $20.20 or 0.00033152 BTC.
• Horizen (ZEN) traded down 2.7% against the dollar and now trades at $6.39 or 0.00010495 BTC.
• Pirate Chain (ARRR) traded 2.4% higher against the dollar and now trades at $0.19 or 0.00000306 BTC.
• ZClassic (ZCL) traded 1.1% higher against the dollar and now trades at $0.0494 or 0.00000081 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 140,106,165 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 presently 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 Gemini, GDAX or Coinbase. 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