Komodo (KMD) Market Cap Hits $34.20 Million

Komodo (KMD) traded 0.7% lower against the US dollar during the 24 hour period ending at 0:00 AM ET on October 10th. In the last week, Komodo has traded 6.8% higher against the US dollar. Komodo has a market cap of $34.20 million and $1.27 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for $0.25 or 0.00000415 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded up 18.9% against the dollar and now trades at $35.27 or 0.00058205 BTC.
• Bitcoin Gold (BTG) traded up 0.9% against the dollar and now trades at $21.66 or 0.00035750 BTC.
• Horizen (ZEN) traded 5.2% higher against the dollar and now trades at $8.26 or 0.00013627 BTC.
• Pirate Chain (ARRR) traded down 0.8% against the dollar and now trades at $0.17 or 0.00000282 BTC.
• ZClassic (ZCL) traded down 0.4% against the dollar and now trades at $0.0485 or 0.00000080 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,513,090 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 message board is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website 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.”

Buying and Selling Komodo

It is usually not currently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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