Komodo Price Down 9.6% Over Last 7 Days (KMD)

Komodo (KMD) traded 1.9% higher against the dollar during the 1-day period ending at 0:00 AM E.T. on October 26th. Komodo has a market cap of $31.54 million and $732,302.82 worth of Komodo was traded on exchanges in the last 24 hours. Over the last seven days, Komodo has traded down 9.6% against the dollar. One Komodo coin can now be purchased for $0.23 or 0.00000346 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 4.7% lower against the dollar and now trades at $34.25 or 0.00051066 BTC.
• Bitcoin Gold (BTG) traded 0.2% higher against the dollar and now trades at $21.70 or 0.00032353 BTC.
• Horizen (ZEN) traded 1.3% higher against the dollar and now trades at $7.38 or 0.00011007 BTC.
• Pirate Chain (ARRR) traded 1.2% higher against the dollar and now trades at $0.18 or 0.00000272 BTC.
• ZClassic (ZCL) traded 0.4% higher against the dollar and now trades at $0.0570 or 0.00000085 BTC.

Komodo Coin Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,544,300 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official website 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.

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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView