Komodo (KMD) Reaches One Day Volume of $1.67 Million

Komodo (KMD) traded 3% lower against the US dollar during the 24-hour period ending at 12:00 PM E.T. on September 18th. During the last week, Komodo has traded down 9.6% against the US dollar. Komodo has a market capitalization of $30.27 million and approximately $1.67 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be bought for about $0.22 or 0.00000374 BTC on exchanges.

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

• Zcash (ZEC) traded 2.4% lower against the dollar and now trades at $29.25 or 0.00049111 BTC.
• Bitcoin Gold (BTG) traded down 3.1% against the dollar and now trades at $21.74 or 0.00036503 BTC.
• Horizen (ZEN) traded 2.5% lower against the dollar and now trades at $7.68 or 0.00012900 BTC.
• Pirate Chain (ARRR) traded down 1.9% against the dollar and now trades at $0.17 or 0.00000288 BTC.
• ZClassic (ZCL) traded 2% lower against the dollar and now trades at $0.0477 or 0.00000080 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,436,628 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official website for Komodo is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed 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.”

Buying and Selling Komodo

It is usually not currently possible to buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView