Komodo (KMD) Trading Down 7.4% Over Last Week

Komodo (KMD) traded up 1% against the dollar during the one day period ending at 12:00 PM Eastern on January 21st. One Komodo coin can now be bought for approximately $0.27 or 0.00000253 BTC on major cryptocurrency exchanges. Komodo has a total market cap of $36.32 million and $1.51 million worth of Komodo was traded on exchanges in the last 24 hours. Over the last week, Komodo has traded 7.4% lower against the dollar.

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

• Zcash (ZEC) traded 2% higher against the dollar and now trades at $49.41 or 0.00046832 BTC.
• Horizen (ZEN) traded up 0.1% against the dollar and now trades at $22.45 or 0.00021278 BTC.
• Bitcoin Gold (BTG) traded down 5% against the dollar and now trades at $9.94 or 0.00009419 BTC.
• Pirate Chain (ARRR) traded down 1.8% against the dollar and now trades at $0.18 or 0.00000172 BTC.
• ZClassic (ZCL) traded up 1.5% against the dollar and now trades at $0.0454 or 0.00000043 BTC.

Komodo Coin Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,671,246 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 official message board for Komodo 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. The official website for Komodo is 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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView