Komodo (KMD) Price Down 6.7% Over Last 7 Days

Komodo (KMD) traded 1.7% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on June 30th. One Komodo coin can currently be purchased for about $0.32 or 0.00000512 BTC on exchanges. Over the last week, Komodo has traded down 6.7% against the dollar. Komodo has a total market capitalization of $42.92 million and $1.32 million worth of Komodo was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin Gold (BTG) traded 0.3% lower against the dollar and now trades at $24.91 or 0.00040418 BTC.
• Zcash (ZEC) traded down 0.1% against the dollar and now trades at $20.61 or 0.00033446 BTC.
• Horizen (ZEN) traded up 4.5% against the dollar and now trades at $6.88 or 0.00011156 BTC.
• Pirate Chain (ARRR) traded 5.2% lower against the dollar and now trades at $0.18 or 0.00000294 BTC.
• ZClassic (ZCL) traded 1% higher against the dollar and now trades at $0.0499 or 0.00000081 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,109,081 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. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website 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.”

Komodo Coin Trading

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

KMD/USD price chart by TradingView