Komodo (KMD) Market Cap Hits $31.23 Million

Komodo (KMD) traded down 6% against the dollar during the 24 hour period ending at 11:00 AM Eastern on November 14th. Over the last seven days, Komodo has traded 3.4% lower against the dollar. Komodo has a market capitalization of $31.23 million and $1.59 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for about $0.23 or 0.00000259 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded down 4.3% against the dollar and now trades at $37.09 or 0.00041770 BTC.
• Bitcoin Gold (BTG) traded 11.7% higher against the dollar and now trades at $31.89 or 0.00035912 BTC.
• Horizen (ZEN) traded down 1.5% against the dollar and now trades at $8.84 or 0.00009954 BTC.
• Pirate Chain (ARRR) traded 9.8% higher against the dollar and now trades at $0.25 or 0.00000278 BTC.
• ZClassic (ZCL) traded down 3.4% against the dollar and now trades at $0.0533 or 0.00000060 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 140,570,957 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. 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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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