Komodo (KMD) Hits Market Cap of $32.36 Million

Komodo (KMD) traded up 2.7% against the US dollar during the 1 day period ending at 19:00 PM ET on October 27th. Komodo has a total market cap of $32.36 million and $431,496.91 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be purchased for $0.24 or 0.00000349 BTC on popular exchanges. During the last week, Komodo has traded 11.7% lower against the US dollar.

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

• Zcash (ZEC) traded 4.7% higher against the dollar and now trades at $36.46 or 0.00053450 BTC.
• Bitcoin Gold (BTG) traded 0.9% higher against the dollar and now trades at $21.84 or 0.00032019 BTC.
• Horizen (ZEN) traded 2.4% higher against the dollar and now trades at $7.47 or 0.00010952 BTC.
• Pirate Chain (ARRR) traded 2.8% lower against the dollar and now trades at $0.18 or 0.00000263 BTC.
• ZClassic (ZCL) traded down 15.1% against the dollar and now trades at $0.0484 or 0.00000071 BTC.

Komodo Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,545,338 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. 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 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 U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView