Komodo (KMD) Hits Market Capitalization of $53.87 Million

Komodo (KMD) traded down 1% against the U.S. dollar during the 1-day period ending at 23:00 PM ET on April 16th. Komodo has a total market cap of $53.87 million and approximately $6.97 million worth of Komodo was traded on exchanges in the last 24 hours. In the last seven days, Komodo has traded 15.9% lower against the U.S. dollar. One Komodo coin can currently be bought for $0.40 or 0.00000619 BTC on popular cryptocurrency exchanges.

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

• Bitcoin Gold (BTG) traded down 2.6% against the dollar and now trades at $36.68 or 0.00057313 BTC.
• Zcash (ZEC) traded 0.8% higher against the dollar and now trades at $21.31 or 0.00033287 BTC.
• Horizen (ZEN) traded down 1.4% against the dollar and now trades at $8.41 or 0.00013143 BTC.
• Pirate Chain (ARRR) traded up 8.3% against the dollar and now trades at $0.33 or 0.00000519 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.1% higher against the dollar and now trades at $0.0603 or 0.00000094 BTC.

Komodo Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 139,746,194 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 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 message board is blog.komodoplatform.com.

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 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 Changelly, 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