Komodo Reaches Market Cap of $64.36 Million (KMD)

Komodo (KMD) traded 8.7% lower against the dollar during the 24-hour period ending at 0:00 AM E.T. on April 9th. Komodo has a market cap of $64.36 million and $3.82 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be purchased for $0.47 or 0.00000685 BTC on popular cryptocurrency exchanges. Over the last seven days, Komodo has traded down 0.4% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin Gold (BTG) traded 3.9% lower against the dollar and now trades at $46.73 or 0.00067622 BTC.
• Zcash (ZEC) traded 3.7% lower against the dollar and now trades at $27.21 or 0.00039374 BTC.
• Horizen (ZEN) traded down 5.7% against the dollar and now trades at $11.54 or 0.00016705 BTC.
• Pirate Chain (ARRR) traded down 3.1% against the dollar and now trades at $0.22 or 0.00000311 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 3.3% lower against the dollar and now trades at $0.0651 or 0.00000094 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,717,373 coins and its circulating supply is 135,953,876 coins. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is komodoplatform.com. The official message board for Komodo 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.”

Buying and Selling Komodo

It is usually not presently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView