Komodo (KMD) Trading Down 2.9% Over Last 7 Days

Komodo (KMD) traded down 3.2% against the dollar during the 1 day period ending at 23:00 PM ET on May 7th. One Komodo coin can currently be bought for $0.37 or 0.00000591 BTC on major exchanges. During the last seven days, Komodo has traded down 2.9% against the dollar. Komodo has a total market capitalization of $50.44 million and $2.43 million worth of Komodo was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin Gold (BTG) traded 3.7% lower against the dollar and now trades at $35.38 or 0.00056355 BTC.
• Zcash (ZEC) traded down 2.5% against the dollar and now trades at $22.58 or 0.00035961 BTC.
• Horizen (ZEN) traded 2.3% lower against the dollar and now trades at $8.78 or 0.00013984 BTC.
• Pirate Chain (ARRR) traded up 18.7% against the dollar and now trades at $0.37 or 0.00000593 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 3.5% against the dollar and now trades at $0.0560 or 0.00000089 BTC.

About Komodo

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 139,834,945 coins and its circulating supply is 135,953,876 coins. 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. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed 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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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