Komodo (KMD) Price Down 2.7% Over Last 7 Days

Komodo (KMD) traded up 5.9% against the U.S. dollar during the twenty-four hour period ending at 0:00 AM Eastern on September 18th. During the last week, Komodo has traded down 2.7% against the U.S. dollar. One Komodo coin can currently be purchased for $0.24 or 0.00000394 BTC on popular cryptocurrency exchanges. Komodo has a market cap of $33.26 million and $1.36 million worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded up 3.8% against the dollar and now trades at $31.28 or 0.00050352 BTC.
• Bitcoin Gold (BTG) traded 2.2% higher against the dollar and now trades at $22.63 or 0.00036435 BTC.
• Horizen (ZEN) traded up 3.1% against the dollar and now trades at $8.27 or 0.00013315 BTC.
• Pirate Chain (ARRR) traded 2.5% higher against the dollar and now trades at $0.18 or 0.00000285 BTC.
• ZClassic (ZCL) traded up 2.8% against the dollar and now trades at $0.0496 or 0.00000080 BTC.

Komodo Coin 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 140,438,616 coins and its circulating supply is 135,953,876 coins. 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 Twitter account is @komodoplatform and its Facebook page is accessible here. The official message board for Komodo 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 purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView