Komodo (KMD) Trading Up 10.8% Over Last Week

Komodo (KMD) traded up 3.8% against the dollar during the 24-hour period ending at 8:00 AM ET on March 5th. One Komodo coin can currently be bought for approximately $0.36 or 0.00000532 BTC on cryptocurrency exchanges. Komodo has a market cap of $49.15 million and $4.82 million worth of Komodo was traded on exchanges in the last day. During the last week, Komodo has traded up 10.8% against the dollar.

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

  • Bitcoin Gold (BTG) traded 6% higher against the dollar and now trades at $41.30 or 0.00060798 BTC.
  • Zcash (ZEC) traded up 7.5% against the dollar and now trades at $34.67 or 0.00051036 BTC.
  • Horizen (ZEN) traded down 0.5% against the dollar and now trades at $12.45 or 0.00018322 BTC.
  • Pirate Chain (ARRR) traded up 3% against the dollar and now trades at $0.18 or 0.00000266 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded up 3.5% against the dollar and now trades at $0.0577 or 0.00000085 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 139,555,925 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 Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official website 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 buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the aforementioned exchanges.

Receive News & Updates for Komodo Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Komodo and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.