Komodo (KMD) Market Cap Reaches $45.26 Million

Komodo (KMD) traded up 7.4% against the U.S. dollar during the one day period ending at 12:00 PM E.T. on December 28th. During the last week, Komodo has traded up 7% against the U.S. dollar. One Komodo coin can currently be purchased for $0.33 or 0.00000352 BTC on major exchanges. Komodo has a market capitalization of $45.26 million and $2.73 million worth of Komodo was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded down 1.1% against the dollar and now trades at $61.71 or 0.00065157 BTC.
• Horizen (ZEN) traded down 6.1% against the dollar and now trades at $28.65 or 0.00030252 BTC.
• Bitcoin Gold (BTG) traded 3.4% higher against the dollar and now trades at $10.33 or 0.00010908 BTC.
• Pirate Chain (ARRR) traded down 1.7% against the dollar and now trades at $0.21 or 0.00000224 BTC.
• ZClassic (ZCL) traded 5.8% higher against the dollar and now trades at $0.0398 or 0.00000042 BTC.

Komodo Coin Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,636,332 coins and its circulating supply is 135,953,876 coins. 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. 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 currently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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