Komodo (KMD) 24 Hour Volume Reaches $169.46 Thousand

Komodo (KMD) traded 1% lower against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on January 12th. Komodo has a total market capitalization of $4.93 million and approximately $169.46 thousand worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for about $0.0363 or 0.00000040 BTC on popular exchanges. During the last week, Komodo has traded down 6.1% against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 3.3% against the dollar and now trades at $406.54 or 0.00448513 BTC.
• Horizen (ZEN) traded up 1.7% against the dollar and now trades at $8.90 or 0.00009818 BTC.
• Pirate Chain (ARRR) traded 33.5% higher against the dollar and now trades at $0.29 or 0.00000325 BTC.
• Bitcoin Gold (BTG) traded up 13.4% against the dollar and now trades at $0.82 or 0.00000904 BTC.
• ZClassic (ZCL) traded up 0% against the dollar and now trades at $0.31 or 0.00000344 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 141,176,361 coins and its circulating supply is 135,953,876 coins. 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 Twitter account is @komodoplatform and its Facebook page is accessible 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.”

Buying and Selling Komodo

It is usually not possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView