Komodo Achieves Market Capitalization of $33.59 Million (KMD)

Komodo (KMD) traded 0.9% lower against the US dollar during the 1-day period ending at 13:00 PM ET on September 11th. Komodo has a market capitalization of $33.59 million and approximately $1.20 million worth of Komodo was traded on exchanges in the last day. Over the last week, Komodo has traded 2.9% higher against the US dollar. One Komodo coin can currently be purchased for approximately $0.25 or 0.00000433 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded 1.4% lower against the dollar and now trades at $29.73 or 0.00052103 BTC.
• Bitcoin Gold (BTG) traded 0.9% lower against the dollar and now trades at $21.67 or 0.00037988 BTC.
• Horizen (ZEN) traded down 4% against the dollar and now trades at $7.80 or 0.00013677 BTC.
• Pirate Chain (ARRR) traded 0.3% higher against the dollar and now trades at $0.17 or 0.00000296 BTC.
• ZClassic (ZCL) traded up 1.5% against the dollar and now trades at $0.0457 or 0.00000080 BTC.

Komodo Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,409,005 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 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView