Komodo Market Cap Hits $23.51 Million (KMD)

Komodo (KMD) traded down 0.6% against the dollar during the 1 day period ending at 13:00 PM ET on March 6th. In the last week, Komodo has traded down 10.4% against the dollar. Komodo has a market capitalization of $23.51 million and approximately $670,380.99 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for $0.17 or 0.00000195 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 5% lower against the dollar and now trades at $34.36 or 0.00038739 BTC.
• Horizen (ZEN) traded 2% lower against the dollar and now trades at $11.00 or 0.00012407 BTC.
• Bitcoin Gold (BTG) traded up 6.7% against the dollar and now trades at $3.65 or 0.00004115 BTC.
• Pirate Chain (ARRR) traded 4.9% higher against the dollar and now trades at $0.16 or 0.00000180 BTC.
• ZClassic (ZCL) traded down 1.8% against the dollar and now trades at $0.0760 or 0.00000086 BTC.

Komodo Profile

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 140,734,001 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. The official message board for Komodo is blog.komodoplatform.com. The official website for Komodo is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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.”

Buying and Selling Komodo

It is usually not 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 Coinbase, Changelly or Gemini. 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