Komodo (KMD) Tops 24-Hour Trading Volume of $1.12 Million

Komodo (KMD) traded 2.8% higher against the US dollar during the 24 hour period ending at 8:00 AM ET on October 14th. In the last seven days, Komodo has traded up 6.4% against the US dollar. One Komodo coin can currently be purchased for $0.27 or 0.00000415 BTC on popular cryptocurrency exchanges. Komodo has a total market capitalization of $36.57 million and approximately $1.12 million worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 2% higher against the dollar and now trades at $36.10 or 0.00055748 BTC.
• Bitcoin Gold (BTG) traded up 1.1% against the dollar and now trades at $22.25 or 0.00034359 BTC.
• Horizen (ZEN) traded 1.5% higher against the dollar and now trades at $8.32 or 0.00012851 BTC.
• Pirate Chain (ARRR) traded up 1.5% against the dollar and now trades at $0.17 or 0.00000261 BTC.
• ZClassic (ZCL) traded 3.4% higher against the dollar and now trades at $0.0518 or 0.00000080 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,517,310 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. 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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView