Komodo (KMD) Price Up 12.6% This Week

Komodo (KMD) traded 3.4% lower against the US dollar during the 24-hour period ending at 21:00 PM E.T. on February 28th. In the last week, Komodo has traded up 12.6% against the US dollar. Komodo has a market cap of $44.50 million and approximately $5.29 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be bought for about $0.33 or 0.00000533 BTC on cryptocurrency exchanges.

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

  • Bitcoin Gold (BTG) traded up 9.4% against the dollar and now trades at $29.00 or 0.00047203 BTC.
  • Zcash (ZEC) traded 0.6% lower against the dollar and now trades at $28.84 or 0.00046948 BTC.
  • Horizen (ZEN) traded 4.4% higher against the dollar and now trades at $11.57 or 0.00018836 BTC.
  • Pirate Chain (ARRR) traded up 9.8% against the dollar and now trades at $0.19 or 0.00000301 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded up 6.3% against the dollar and now trades at $0.0973 or 0.00000158 BTC.

Komodo Coin Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 139,527,767 coins and its circulating supply is 135,953,876 coins. 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. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is 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.”

Buying and Selling Komodo

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, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

Receive News & Updates for Komodo Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Komodo and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.