Komodo Hits Market Capitalization of $32.99 Million (KMD)

Komodo (KMD) traded 1.5% lower against the dollar during the 24-hour period ending at 15:00 PM Eastern on November 17th. In the last seven days, Komodo has traded 1.3% lower against the dollar. Komodo has a total market capitalization of $32.99 million and approximately $515,176.66 worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be bought for about $0.24 or 0.00000668 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 3.2% lower against the dollar and now trades at $28.77 or 0.00079161 BTC.
• Bitcoin Gold (BTG) traded down 2.8% against the dollar and now trades at $15.10 or 0.00041541 BTC.
• Horizen (ZEN) traded 4.1% lower against the dollar and now trades at $10.56 or 0.00029052 BTC.
• Pirate Chain (ARRR) traded down 6.5% against the dollar and now trades at $0.15 or 0.00000414 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 14.7% against the dollar and now trades at $0.0763 or 0.00000210 BTC.

About Komodo

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 136,870,414 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 Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official website is komodoplatform.com. Komodo’s official message board 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 currently 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 exchanges listed above.

KMD/USD price chart by TradingView