Komodo Market Capitalization Achieves $40.44 Million (KMD)

Komodo (KMD) traded down 0.3% against the dollar during the 24-hour period ending at 12:00 PM Eastern on November 26th. During the last week, Komodo has traded up 11.2% against the dollar. Komodo has a market cap of $40.44 million and approximately $2.70 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.30 or 0.00000317 BTC on exchanges.

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

• Zcash (ZEC) traded 6.6% lower against the dollar and now trades at $46.37 or 0.00049411 BTC.
• Bitcoin Gold (BTG) traded down 4.1% against the dollar and now trades at $31.13 or 0.00033176 BTC.
• Horizen (ZEN) traded 6.7% lower against the dollar and now trades at $11.65 or 0.00012411 BTC.
• Pirate Chain (ARRR) traded 6.6% lower against the dollar and now trades at $0.30 or 0.00000322 BTC.
• ZClassic (ZCL) traded down 2% against the dollar and now trades at $0.0563 or 0.00000060 BTC.

Komodo Coin 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 140,588,542 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 website for Komodo is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. 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 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, Changelly or Coinbase. 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