Komodo (KMD) Achieves Market Cap of $33.77 Million

Komodo (KMD) traded up 2.1% against the dollar during the twenty-four hour period ending at 10:00 AM ET on October 25th. During the last seven days, Komodo has traded down 0.8% against the dollar. Komodo has a total market capitalization of $33.77 million and $1.05 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be bought for $0.25 or 0.00000362 BTC on major exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded down 0% against the dollar and now trades at $36.23 or 0.00052735 BTC.
• Bitcoin Gold (BTG) traded up 0.1% against the dollar and now trades at $22.44 or 0.00032660 BTC.
• Horizen (ZEN) traded up 1.3% against the dollar and now trades at $7.81 or 0.00011365 BTC.
• Pirate Chain (ARRR) traded 1.3% lower against the dollar and now trades at $0.17 or 0.00000245 BTC.
• ZClassic (ZCL) traded up 1.6% against the dollar and now trades at $0.0583 or 0.00000085 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,542,066 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board 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. 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.”

Komodo Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire 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 exchanges listed above.

KMD/USD price chart by TradingView