Komodo (KMD) Hits Market Capitalization of $37.71 Million

Komodo (KMD) traded 0.2% lower against the dollar during the 24-hour period ending at 14:00 PM ET on July 31st. Komodo has a market cap of $37.71 million and approximately $1.35 million worth of Komodo was traded on exchanges in the last day. In the last week, Komodo has traded 0.5% lower against the dollar. One Komodo coin can currently be purchased for about $0.28 or 0.00000416 BTC on exchanges.

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

• Zcash (ZEC) traded 1% higher against the dollar and now trades at $31.81 or 0.00047723 BTC.
• Bitcoin Gold (BTG) traded down 0.7% against the dollar and now trades at $26.87 or 0.00040307 BTC.
• Horizen (ZEN) traded 3.1% lower against the dollar and now trades at $9.41 or 0.00014119 BTC.
• Pirate Chain (ARRR) traded 8.7% higher against the dollar and now trades at $0.18 or 0.00000275 BTC.
• ZClassic (ZCL) traded 1.3% higher against the dollar and now trades at $0.0540 or 0.00000081 BTC.

About 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 140,234,038 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board 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. The official website for Komodo is 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 buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView