Komodo One Day Trading Volume Reaches $2.02 Million (KMD)

Komodo (KMD) traded 0.6% higher against the dollar during the 1-day period ending at 10:00 AM E.T. on July 16th. Komodo has a total market cap of $44.72 million and $2.02 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.33 or 0.00000517 BTC on cryptocurrency exchanges. In the last seven days, Komodo has traded up 11% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded up 4.6% against the dollar and now trades at $30.45 or 0.00047823 BTC.
• Bitcoin Gold (BTG) traded up 1.3% against the dollar and now trades at $26.86 or 0.00042185 BTC.
• Horizen (ZEN) traded down 0.4% against the dollar and now trades at $11.90 or 0.00018693 BTC.
• Pirate Chain (ARRR) traded up 4.7% against the dollar and now trades at $0.20 or 0.00000311 BTC.
• ZClassic (ZCL) traded up 0.6% against the dollar and now trades at $0.0506 or 0.00000080 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,173,042 coins and its circulating supply is 135,953,876 coins. The official website for Komodo is komodoplatform.com. Komodo’s official message board is blog.komodoplatform.com. 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.

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 currently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView