Komodo (KMD) Trading Down 27.3% Over Last 7 Days

Komodo (KMD) traded 15.2% lower against the dollar during the 24 hour period ending at 22:00 PM ET on August 4th. Komodo has a market capitalization of $27.82 million and $2.01 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for approximately $0.20 or 0.00000379 BTC on popular cryptocurrency exchanges. Over the last seven days, Komodo has traded 27.3% lower against the dollar.

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

• Zcash (ZEC) traded 12.9% lower against the dollar and now trades at $27.96 or 0.00051845 BTC.
• Bitcoin Gold (BTG) traded 12% lower against the dollar and now trades at $20.85 or 0.00038673 BTC.
• Horizen (ZEN) traded 13.9% lower against the dollar and now trades at $7.48 or 0.00013865 BTC.
• Pirate Chain (ARRR) traded 6.9% lower against the dollar and now trades at $0.15 or 0.00000283 BTC.
• ZClassic (ZCL) traded down 11.2% against the dollar and now trades at $0.0438 or 0.00000081 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,252,433 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. The official message board for Komodo is blog.komodoplatform.com. The official website for Komodo is 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.”

Buying and Selling Komodo

It is usually not presently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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