Komodo Market Capitalization Hits $23.47 Million (KMD)

Komodo (KMD) traded up 1.3% against the dollar during the twenty-four hour period ending at 12:00 PM ET on March 26th. Komodo has a total market capitalization of $23.47 million and $2.42 million worth of Komodo was traded on exchanges in the last 24 hours. During the last seven days, Komodo has traded 0% higher against the dollar. One Komodo coin can currently be bought for $0.17 or 0.00000199 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded 5.1% higher against the dollar and now trades at $38.56 or 0.00044404 BTC.
• Horizen (ZEN) traded 1.9% higher against the dollar and now trades at $9.99 or 0.00011504 BTC.
• Pirate Chain (ARRR) traded 0.7% lower against the dollar and now trades at $0.14 or 0.00000159 BTC.
• Bitcoin Gold (BTG) traded 140.9% higher against the dollar and now trades at $0.30 or 0.00000342 BTC.
• ZClassic (ZCL) traded 0.9% lower against the dollar and now trades at $0.0747 or 0.00000086 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,762,376 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is komodoplatform.com. The official message board for Komodo 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.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView