Komodo Trading 10.5% Lower This Week (KMD)

Komodo (KMD) traded up 2% against the US dollar during the one day period ending at 12:00 PM ET on February 26th. Komodo has a total market capitalization of $24.28 million and $781,922.89 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.18 or 0.00000206 BTC on popular exchanges. During the last seven days, Komodo has traded down 10.5% against the US dollar.

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

• Zcash (ZEC) traded up 10.5% against the dollar and now trades at $36.09 or 0.00041552 BTC.
• Horizen (ZEN) traded 10.6% higher against the dollar and now trades at $13.02 or 0.00014994 BTC.
• Bitcoin Gold (BTG) traded 1.1% higher against the dollar and now trades at $4.04 or 0.00004650 BTC.
• Pirate Chain (ARRR) traded down 0.7% against the dollar and now trades at $0.16 or 0.00000187 BTC.
• ZClassic (ZCL) traded 0.9% lower against the dollar and now trades at $0.0747 or 0.00000086 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,722,547 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 website for Komodo is komodoplatform.com. 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.

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 US dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, 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