Komodo (KMD) Market Cap Achieves $62.89 Million

Komodo (KMD) traded up 3.2% against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on April 23rd. In the last seven days, Komodo has traded up 15.1% against the U.S. dollar. One Komodo coin can currently be purchased for $0.46 or 0.00000694 BTC on major cryptocurrency exchanges. Komodo has a market cap of $62.89 million and $3.74 million worth of Komodo was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin Gold (BTG) traded down 2.6% against the dollar and now trades at $36.79 or 0.00055219 BTC.
• Zcash (ZEC) traded down 1.7% against the dollar and now trades at $23.94 or 0.00035936 BTC.
• Horizen (ZEN) traded 0.4% lower against the dollar and now trades at $9.49 or 0.00014243 BTC.
• Pirate Chain (ARRR) traded 4% lower against the dollar and now trades at $0.36 or 0.00000533 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 1.7% against the dollar and now trades at $0.0630 or 0.00000095 BTC.

Komodo Coin Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,775,001 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. 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.

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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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