Komodo (KMD) Tops One Day Volume of $45.72 Million

Komodo (KMD) traded up 10.6% against the US dollar during the 1-day period ending at 22:00 PM ET on May 8th. In the last week, Komodo has traded 8.6% higher against the US dollar. Komodo has a total market cap of $55.63 million and approximately $45.72 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be bought for approximately $0.41 or 0.00000664 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin Gold (BTG) traded down 3.6% against the dollar and now trades at $33.93 or 0.00055050 BTC.
• Zcash (ZEC) traded up 4.2% against the dollar and now trades at $23.48 or 0.00038099 BTC.
• Horizen (ZEN) traded up 1.8% against the dollar and now trades at $8.93 or 0.00014493 BTC.
• Pirate Chain (ARRR) traded down 3.4% against the dollar and now trades at $0.36 or 0.00000585 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 0.3% lower against the dollar and now trades at $0.0558 or 0.00000091 BTC.

About Komodo

Komodo (CRYPTO: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 139,839,280 coins and its circulating supply is 135,953,876 coins. 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 message board is blog.komodoplatform.com. 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.”

Komodo Coin Trading

It is usually not 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 GDAX, Coinbase or Gemini. 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