Komodo Market Capitalization Tops $57.19 Million (KMD)

Komodo (KMD) traded up 0.4% against the dollar during the one day period ending at 17:00 PM E.T. on May 4th. Over the last week, Komodo has traded 3.5% higher against the dollar. Komodo has a total market cap of $57.19 million and approximately $2.83 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for approximately $0.42 or 0.00000656 BTC on major cryptocurrency exchanges.

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

• Bitcoin Gold (BTG) traded up 8.4% against the dollar and now trades at $36.99 or 0.00057697 BTC.
• Zcash (ZEC) traded 0.1% higher against the dollar and now trades at $23.23 or 0.00036236 BTC.
• Horizen (ZEN) traded up 0.9% against the dollar and now trades at $8.87 or 0.00013835 BTC.
• Pirate Chain (ARRR) traded 15.9% higher against the dollar and now trades at $0.38 or 0.00000585 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 2% against the dollar and now trades at $0.0574 or 0.00000090 BTC.

About Komodo

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 139,821,480 coins and its circulating supply is 135,953,876 coins. 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. Komodo’s official website 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.”

Buying and Selling Komodo

It is usually not possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase 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