Komodo (KMD) Hits Market Cap of $52.27 Million

Komodo (KMD) traded 1.5% higher against the U.S. dollar during the 1-day period ending at 18:00 PM E.T. on June 16th. During the last seven days, Komodo has traded 5.4% lower against the U.S. dollar. Komodo has a total market capitalization of $52.27 million and $1.82 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for about $0.38 or 0.00000577 BTC on exchanges.

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

• Bitcoin Gold (BTG) traded 1.8% lower against the dollar and now trades at $28.36 or 0.00042590 BTC.
• Zcash (ZEC) traded 0.9% higher against the dollar and now trades at $22.76 or 0.00034178 BTC.
• Horizen (ZEN) traded 1.3% higher against the dollar and now trades at $7.31 or 0.00010984 BTC.
• Pirate Chain (ARRR) traded 0.2% higher against the dollar and now trades at $0.22 or 0.00000333 BTC.
• ZClassic (ZCL) traded 0.5% higher against the dollar and now trades at $0.0599 or 0.00000090 BTC.

Komodo Coin Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,051,630 coins and its circulating supply is 135,953,876 coins. The official website for Komodo 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. 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.”

Komodo Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView