Komodo One Day Trading Volume Reaches $3.09 Million (KMD)

Komodo (KMD) traded up 4.1% against the U.S. dollar during the twenty-four hour period ending at 23:00 PM E.T. on June 4th. During the last week, Komodo has traded 7.6% higher against the U.S. dollar. One Komodo coin can now be bought for approximately $0.43 or 0.00000610 BTC on popular cryptocurrency exchanges. Komodo has a market cap of $58.77 million and $3.09 million worth of Komodo was traded on exchanges in the last day.

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

  • Bitcoin Gold (BTG) traded up 3.5% against the dollar and now trades at $34.18 or 0.00048219 BTC.
  • Zcash (ZEC) traded 6.3% higher against the dollar and now trades at $27.20 or 0.00038384 BTC.
  • Horizen (ZEN) traded 1.8% higher against the dollar and now trades at $9.48 or 0.00013380 BTC.
  • Pirate Chain (ARRR) traded up 4.3% against the dollar and now trades at $0.24 or 0.00000337 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded down 0.6% against the dollar and now trades at $0.0619 or 0.00000087 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 139,999,605 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is komodoplatform.com. 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.

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 buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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.