Komodo (KMD) Price Down 1.4% This Week

Komodo (KMD) traded 4.1% higher against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on September 20th. Komodo has a market capitalization of $34.73 million and $1.32 million worth of Komodo was traded on exchanges in the last day. During the last seven days, Komodo has traded 1.4% lower against the U.S. dollar. One Komodo coin can now be purchased for $0.26 or 0.00000405 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 2.3% against the dollar and now trades at $30.94 or 0.00049012 BTC.
• Bitcoin Gold (BTG) traded 0.8% higher against the dollar and now trades at $23.13 or 0.00036638 BTC.
• Horizen (ZEN) traded down 1.2% against the dollar and now trades at $8.21 or 0.00013011 BTC.
• Pirate Chain (ARRR) traded 1.5% lower against the dollar and now trades at $0.17 or 0.00000276 BTC.
• ZClassic (ZCL) traded 4.8% higher against the dollar and now trades at $0.0522 or 0.00000083 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,445,634 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 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView