Komodo Market Cap Hits $54.07 Million (KMD)

Komodo (KMD) traded 5.3% lower against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on April 26th. One Komodo coin can now be purchased for about $0.40 or 0.00000631 BTC on popular exchanges. Komodo has a market capitalization of $54.07 million and $3.09 million worth of Komodo was traded on exchanges in the last day. During the last seven days, Komodo has traded down 3.5% against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin Gold (BTG) traded up 0% against the dollar and now trades at $33.90 or 0.00053824 BTC.
• Zcash (ZEC) traded 2.4% lower against the dollar and now trades at $22.69 or 0.00036025 BTC.
• Horizen (ZEN) traded down 4.1% against the dollar and now trades at $8.61 or 0.00013662 BTC.
• Pirate Chain (ARRR) traded 2.7% lower against the dollar and now trades at $0.41 or 0.00000655 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 6.7% against the dollar and now trades at $0.0570 or 0.00000091 BTC.

Komodo Profile

Komodo (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 139,788,114 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 message board is blog.komodoplatform.com. 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView