Komodo (KMD) Achieves Market Capitalization of $59.90 Million

Komodo (KMD) traded 7.1% higher against the U.S. dollar during the 1 day period ending at 7:00 AM E.T. on March 28th. Komodo has a total market capitalization of $59.90 million and $25.66 million worth of Komodo was traded on exchanges in the last day. Over the last week, Komodo has traded 28.3% higher against the U.S. dollar. One Komodo coin can currently be purchased for about $0.44 or 0.00000625 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin Gold (BTG) traded 4.8% higher against the dollar and now trades at $49.81 or 0.00070634 BTC.
• Zcash (ZEC) traded 0.1% higher against the dollar and now trades at $31.21 or 0.00044250 BTC.
• Horizen (ZEN) traded down 2% against the dollar and now trades at $13.81 or 0.00019582 BTC.
• Pirate Chain (ARRR) traded down 1.4% against the dollar and now trades at $0.19 or 0.00000265 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 1.8% against the dollar and now trades at $0.0673 or 0.00000095 BTC.

Komodo Coin Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 139,654,889 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 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 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