Komodo Trading Down 7.7% Over Last 7 Days (KMD)

Komodo (KMD) traded 1.1% higher against the dollar during the twenty-four hour period ending at 23:00 PM Eastern on June 16th. One Komodo coin can currently be bought for $0.38 or 0.00000569 BTC on popular cryptocurrency exchanges. Komodo has a market capitalization of $51.36 million and approximately $1.77 million worth of Komodo was traded on exchanges in the last day. Over the last week, Komodo has traded down 7.7% against the dollar.

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

  • Bitcoin Gold (BTG) traded 8.4% lower against the dollar and now trades at $26.16 or 0.00039415 BTC.
  • Zcash (ZEC) traded up 0.1% against the dollar and now trades at $22.56 or 0.00033987 BTC.
  • Horizen (ZEN) traded down 0.1% against the dollar and now trades at $7.17 or 0.00010802 BTC.
  • Pirate Chain (ARRR) traded up 0.9% against the dollar and now trades at $0.22 or 0.00000336 BTC.
  • ZClassic (ZCL) traded 0.1% higher against the dollar and now trades at $0.0590 or 0.00000089 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,052,543 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. Komodo’s official message board 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. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

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