Komodo (KMD) Market Capitalization Reaches $32.98 Million

Komodo (KMD) traded down 0.2% against the dollar during the 1 day period ending at 18:00 PM ET on October 5th. One Komodo coin can now be purchased for about $0.24 or 0.00000392 BTC on cryptocurrency exchanges. In the last seven days, Komodo has traded 7.5% lower against the dollar. Komodo has a total market capitalization of $32.98 million and approximately $875,305.30 worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded up 1.9% against the dollar and now trades at $27.26 or 0.00044021 BTC.
• Bitcoin Gold (BTG) traded down 1.2% against the dollar and now trades at $22.32 or 0.00036043 BTC.
• Horizen (ZEN) traded down 0.9% against the dollar and now trades at $7.46 or 0.00012039 BTC.
• Pirate Chain (ARRR) traded down 0.5% against the dollar and now trades at $0.17 or 0.00000282 BTC.
• ZClassic (ZCL) traded 2.6% lower against the dollar and now trades at $0.0485 or 0.00000078 BTC.

About Komodo

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,505,052 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official message board for Komodo is blog.komodoplatform.com. 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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