Komodo Tops One Day Volume of $2.44 Million (KMD)

Komodo (KMD) traded down 2.1% against the US dollar during the 1-day period ending at 12:00 PM ET on March 18th. One Komodo coin can currently be bought for approximately $0.17 or 0.00000203 BTC on cryptocurrency exchanges. Komodo has a total market cap of $22.59 million and approximately $2.44 million worth of Komodo was traded on exchanges in the last 24 hours. In the last seven days, Komodo has traded up 9.5% against the US dollar.

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

• Zcash (ZEC) traded down 5.3% against the dollar and now trades at $32.48 or 0.00039664 BTC.
• Horizen (ZEN) traded down 5.7% against the dollar and now trades at $8.89 or 0.00010860 BTC.
• Bitcoin Gold (BTG) traded 4.5% lower against the dollar and now trades at $3.13 or 0.00003821 BTC.
• Pirate Chain (ARRR) traded 3.9% lower against the dollar and now trades at $0.13 or 0.00000157 BTC.
• ZClassic (ZCL) traded down 1.7% against the dollar and now trades at $0.0704 or 0.00000086 BTC.

About Komodo

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 140,751,117 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.”

Komodo Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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