Komodo (KMD) Trading 13.9% Higher Over Last 7 Days

Komodo (KMD) traded 6.1% higher against the US dollar during the one day period ending at 12:00 PM E.T. on February 14th. Over the last seven days, Komodo has traded up 13.9% against the US dollar. One Komodo coin can now be purchased for $0.21 or 0.00000220 BTC on exchanges. Komodo has a market capitalization of $29.07 million and approximately $1.10 million worth of Komodo was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 5.9% higher against the dollar and now trades at $33.29 or 0.00034202 BTC.
• Horizen (ZEN) traded up 7.8% against the dollar and now trades at $15.14 or 0.00015554 BTC.
• Bitcoin Gold (BTG) traded 6.4% lower against the dollar and now trades at $5.37 or 0.00005515 BTC.
• Pirate Chain (ARRR) traded 11.5% higher against the dollar and now trades at $0.18 or 0.00000184 BTC.
• ZClassic (ZCL) traded up 1.9% against the dollar and now trades at $0.0614 or 0.00000063 BTC.

Komodo Coin Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,705,552 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 website for Komodo is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official message board is blog.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 purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView