Komodo 24-Hour Trading Volume Tops $2.18 Million (KMD)

Komodo (KMD) traded 3% higher against the dollar during the 1 day period ending at 8:00 AM ET on April 28th. One Komodo coin can currently be purchased for approximately $0.41 or 0.00000651 BTC on exchanges. Komodo has a market capitalization of $56.22 million and $2.18 million worth of Komodo was traded on exchanges in the last 24 hours. During the last week, Komodo has traded down 5.5% against the dollar.

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

• Bitcoin Gold (BTG) traded 1.5% higher against the dollar and now trades at $34.38 or 0.00054124 BTC.
• Zcash (ZEC) traded 0.6% higher against the dollar and now trades at $22.96 or 0.00036146 BTC.
• Horizen (ZEN) traded up 1.9% against the dollar and now trades at $8.87 or 0.00013964 BTC.
• Pirate Chain (ARRR) traded up 3.8% against the dollar and now trades at $0.41 or 0.00000639 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 1% against the dollar and now trades at $0.0570 or 0.00000090 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 139,793,819 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 official website for Komodo is 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.”

Komodo Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView