Komodo (KMD) One Day Trading Volume Tops $756,747.61

Komodo (KMD) traded up 4.9% against the dollar during the 1-day period ending at 11:00 AM ET on March 2nd. One Komodo coin can now be purchased for about $0.19 or 0.00000217 BTC on exchanges. Komodo has a market cap of $25.91 million and $756,747.61 worth of Komodo was traded on exchanges in the last day. During the last week, Komodo has traded 4.2% lower against the dollar.

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

• Zcash (ZEC) traded up 9% against the dollar and now trades at $40.18 or 0.00045707 BTC.
• Horizen (ZEN) traded 5.8% higher against the dollar and now trades at $13.35 or 0.00015183 BTC.
• Bitcoin Gold (BTG) traded down 6.2% against the dollar and now trades at $3.72 or 0.00004230 BTC.
• Pirate Chain (ARRR) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000180 BTC.
• ZClassic (ZCL) traded 3.3% higher against the dollar and now trades at $0.0754 or 0.00000086 BTC.

About Komodo

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 140,728,194 coins and its circulating supply is 135,953,876 coins. The official website for Komodo is 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 message board for Komodo 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 presently possible to buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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