Komodo (KMD) Price Down 8.1% Over Last Week

Komodo (KMD) traded 2.3% higher against the dollar during the 1 day period ending at 15:00 PM ET on August 17th. One Komodo coin can currently be bought for $0.22 or 0.00000378 BTC on cryptocurrency exchanges. Over the last seven days, Komodo has traded down 8.1% against the dollar. Komodo has a market cap of $30.51 million and $1.19 million worth of Komodo was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded up 4.4% against the dollar and now trades at $44.18 or 0.00074413 BTC.
• Bitcoin Gold (BTG) traded down 0.5% against the dollar and now trades at $22.38 or 0.00037692 BTC.
• Horizen (ZEN) traded down 0.2% against the dollar and now trades at $7.79 or 0.00013116 BTC.
• Pirate Chain (ARRR) traded 3.9% lower against the dollar and now trades at $0.17 or 0.00000279 BTC.
• ZClassic (ZCL) traded 3.7% higher against the dollar and now trades at $0.0653 or 0.00000110 BTC.

Komodo Coin Profile

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 140,305,033 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 website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView