Komodo (KMD) Achieves Market Capitalization of $31.26 Million

Komodo (KMD) traded down 5.7% against the U.S. dollar during the 1 day period ending at 23:00 PM ET on October 31st. One Komodo coin can now be bought for about $0.23 or 0.00000331 BTC on popular exchanges. Komodo has a market capitalization of $31.26 million and approximately $850,464.27 worth of Komodo was traded on exchanges in the last 24 hours. In the last week, Komodo has traded 6.7% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded down 3.4% against the dollar and now trades at $36.88 or 0.00053146 BTC.
• Bitcoin Gold (BTG) traded down 5.7% against the dollar and now trades at $22.25 or 0.00032064 BTC.
• Horizen (ZEN) traded down 3.1% against the dollar and now trades at $7.32 or 0.00010555 BTC.
• Pirate Chain (ARRR) traded 3.1% lower against the dollar and now trades at $0.18 or 0.00000263 BTC.
• ZClassic (ZCL) traded down 4.1% against the dollar and now trades at $0.0486 or 0.00000070 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 140,551,415 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. 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.

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 presently 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView