Komodo Hits Market Cap of $30.21 Million (KMD)

Komodo (KMD) traded down 2.2% against the US dollar during the 24 hour period ending at 16:00 PM Eastern on September 6th. Komodo has a market capitalization of $30.21 million and approximately $1.34 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be bought for approximately $0.22 or 0.00000416 BTC on cryptocurrency exchanges. During the last seven days, Komodo has traded 6.8% lower against the US dollar.

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

• Zcash (ZEC) traded 7.4% lower against the dollar and now trades at $26.70 or 0.00050052 BTC.
• Bitcoin Gold (BTG) traded down 3.6% against the dollar and now trades at $20.35 or 0.00038140 BTC.
• Horizen (ZEN) traded up 6.3% against the dollar and now trades at $7.68 or 0.00014387 BTC.
• Pirate Chain (ARRR) traded down 8.5% against the dollar and now trades at $0.17 or 0.00000318 BTC.
• ZClassic (ZCL) traded down 7.4% against the dollar and now trades at $0.0443 or 0.00000083 BTC.

Komodo Profile

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 140,386,004 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo 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. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here.

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 buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView