Komodo (KMD) Trading 4.3% Lower Over Last 7 Days

Komodo (KMD) traded up 1.4% against the US dollar during the 1 day period ending at 12:00 PM E.T. on January 5th. Over the last seven days, Komodo has traded down 4.3% against the US dollar. One Komodo coin can currently be purchased for about $0.33 or 0.00000337 BTC on popular exchanges. Komodo has a total market cap of $44.97 million and $1.32 million worth of Komodo was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 2.7% lower against the dollar and now trades at $57.65 or 0.00058804 BTC.
• Horizen (ZEN) traded down 2.8% against the dollar and now trades at $27.54 or 0.00028085 BTC.
• Bitcoin Gold (BTG) traded 23.2% higher against the dollar and now trades at $16.43 or 0.00016758 BTC.
• Pirate Chain (ARRR) traded 0.1% lower against the dollar and now trades at $0.22 or 0.00000225 BTC.
• ZClassic (ZCL) traded up 2.8% against the dollar and now trades at $0.0422 or 0.00000043 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,647,790 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 website is komodoplatform.com. 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.”

Komodo Coin Trading

It is usually not 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView