Komodo Trading 1.3% Lower This Week (KMD)

Komodo (KMD) traded 5.1% lower against the US dollar during the 24-hour period ending at 16:00 PM ET on April 26th. During the last week, Komodo has traded 1.3% lower against the US dollar. Komodo has a market capitalization of $55.11 million and $3.22 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for approximately $0.41 or 0.00000635 BTC on major cryptocurrency exchanges.

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

• Bitcoin Gold (BTG) traded down 1.2% against the dollar and now trades at $34.33 or 0.00053744 BTC.
• Zcash (ZEC) traded 1.7% lower against the dollar and now trades at $23.05 or 0.00036092 BTC.
• Horizen (ZEN) traded down 2.8% against the dollar and now trades at $8.81 or 0.00013796 BTC.
• Pirate Chain (ARRR) traded down 3.8% against the dollar and now trades at $0.42 or 0.00000662 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 6% against the dollar and now trades at $0.0577 or 0.00000090 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,787,034 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo 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. 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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView