Komodo Achieves Market Cap of $35.06 Million (KMD)

Komodo (KMD) traded down 0.5% against the U.S. dollar during the 24 hour period ending at 23:00 PM ET on October 16th. Over the last seven days, Komodo has traded up 1.6% against the U.S. dollar. Komodo has a market capitalization of $35.06 million and approximately $854,644.18 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for $0.26 or 0.00000382 BTC on major exchanges.

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

• Zcash (ZEC) traded up 0.2% against the dollar and now trades at $37.54 or 0.00055596 BTC.
• Bitcoin Gold (BTG) traded 0.4% higher against the dollar and now trades at $24.13 or 0.00035744 BTC.
• Horizen (ZEN) traded 2.3% lower against the dollar and now trades at $8.14 or 0.00012052 BTC.
• Pirate Chain (ARRR) traded down 0.3% against the dollar and now trades at $0.17 or 0.00000249 BTC.
• ZClassic (ZCL) traded 0.9% higher against the dollar and now trades at $0.0540 or 0.00000080 BTC.

Komodo Coin Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,520,783 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board 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. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official website for Komodo is 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView