Komodo (KMD) Reaches Market Capitalization of $35.10 Million

Komodo (KMD) traded 0.3% higher against the US dollar during the 1 day period ending at 22:00 PM ET on September 21st. Komodo has a total market capitalization of $35.10 million and approximately $1.07 million worth of Komodo was traded on exchanges in the last day. In the last seven days, Komodo has traded 2.1% higher against the US dollar. One Komodo coin can currently be bought for $0.26 or 0.00000410 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded down 0.6% against the dollar and now trades at $30.64 or 0.00048654 BTC.
• Bitcoin Gold (BTG) traded 1.7% higher against the dollar and now trades at $23.43 or 0.00037201 BTC.
• Horizen (ZEN) traded 1.2% higher against the dollar and now trades at $8.29 or 0.00013156 BTC.
• Pirate Chain (ARRR) traded 2.4% higher against the dollar and now trades at $0.18 or 0.00000280 BTC.
• ZClassic (ZCL) traded up 1.1% against the dollar and now trades at $0.0504 or 0.00000080 BTC.

Komodo Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,450,535 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is 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 purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first purchase 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 purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView