Komodo Price Down 11.1% Over Last Week (KMD)

Komodo (KMD) traded 1.9% lower against the US dollar during the 1 day period ending at 15:00 PM ET on June 14th. During the last seven days, Komodo has traded 11.1% lower against the US dollar. Komodo has a total market capitalization of $50.01 million and $2.71 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be bought for $0.37 or 0.00000561 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

  • Bitcoin Gold (BTG) traded down 3.5% against the dollar and now trades at $28.73 or 0.00043832 BTC.
  • Zcash (ZEC) traded down 3.4% against the dollar and now trades at $22.24 or 0.00033941 BTC.
  • Horizen (ZEN) traded 3.2% lower against the dollar and now trades at $7.16 or 0.00010918 BTC.
  • Pirate Chain (ARRR) traded 5.6% lower against the dollar and now trades at $0.23 or 0.00000345 BTC.
  • ZClassic (ZCL) traded 1.6% lower against the dollar and now trades at $0.0590 or 0.00000090 BTC.

Komodo Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,042,810 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 website 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 possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

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