Komodo (KMD) One Day Trading Volume Reaches $1.73 Million

Komodo (KMD) traded down 3.8% against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on July 24th. Komodo has a market cap of $36.05 million and $1.73 million worth of Komodo was traded on exchanges in the last 24 hours. Over the last week, Komodo has traded 22% lower against the U.S. dollar. One Komodo coin can now be purchased for $0.27 or 0.00000413 BTC on cryptocurrency exchanges.

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

• Zcash (ZEC) traded down 1.4% against the dollar and now trades at $29.22 or 0.00045531 BTC.
• Bitcoin Gold (BTG) traded 4.7% lower against the dollar and now trades at $24.47 or 0.00038134 BTC.
• Horizen (ZEN) traded up 2.4% against the dollar and now trades at $11.51 or 0.00017935 BTC.
• Pirate Chain (ARRR) traded 0.8% lower against the dollar and now trades at $0.19 or 0.00000292 BTC.
• ZClassic (ZCL) traded down 2.4% against the dollar and now trades at $0.0520 or 0.00000081 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 140,207,684 coins and its circulating supply is 135,953,876 coins. 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. The official website for Komodo is komodoplatform.com. 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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase 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