Komodo (KMD) Market Capitalization Achieves $38.29 Million

Komodo (KMD) traded 3.7% higher against the dollar during the twenty-four hour period ending at 21:00 PM Eastern on August 23rd. During the last seven days, Komodo has traded 26.8% higher against the dollar. Komodo has a market cap of $38.29 million and approximately $1.90 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.28 or 0.00000440 BTC on popular exchanges.

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

• Zcash (ZEC) traded 2.5% higher against the dollar and now trades at $42.45 or 0.00066290 BTC.
• Bitcoin Gold (BTG) traded up 5.3% against the dollar and now trades at $24.17 or 0.00037745 BTC.
• Horizen (ZEN) traded 6.5% higher against the dollar and now trades at $8.76 or 0.00013686 BTC.
• Pirate Chain (ARRR) traded up 6.9% against the dollar and now trades at $0.18 or 0.00000279 BTC.
• ZClassic (ZCL) traded 3.2% higher against the dollar and now trades at $0.0690 or 0.00000108 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 140,329,937 coins and its circulating supply is 135,953,876 coins. The official website for Komodo is 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. 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView