Komodo (KMD) Market Cap Reaches $32.01 Million

Komodo (KMD) traded down 2% against the U.S. dollar during the one day period ending at 21:00 PM Eastern on August 28th. In the last seven days, Komodo has traded down 11.2% against the U.S. dollar. Komodo has a total market cap of $32.01 million and approximately $1.69 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be purchased for $0.24 or 0.00000398 BTC on major exchanges.

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

• Zcash (ZEC) traded 5.7% lower against the dollar and now trades at $33.59 or 0.00056808 BTC.
• Bitcoin Gold (BTG) traded up 0.6% against the dollar and now trades at $22.53 or 0.00038099 BTC.
• Horizen (ZEN) traded down 2.9% against the dollar and now trades at $7.44 or 0.00012577 BTC.
• Pirate Chain (ARRR) traded down 0.9% against the dollar and now trades at $0.17 or 0.00000281 BTC.
• ZClassic (ZCL) traded up 0.7% against the dollar and now trades at $0.0650 or 0.00000110 BTC.

Komodo 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 140,350,809 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. 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.

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 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView