Komodo Market Cap Hits $54.28 Million (KMD)

Komodo (KMD) traded 2.8% higher against the dollar during the 24-hour period ending at 17:00 PM E.T. on April 18th. In the last week, Komodo has traded down 12.8% against the dollar. Komodo has a total market capitalization of $54.28 million and approximately $3.06 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.40 or 0.00000629 BTC on popular exchanges.

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

• Bitcoin Gold (BTG) traded up 0.9% against the dollar and now trades at $35.64 or 0.00056120 BTC.
• Zcash (ZEC) traded up 2.5% against the dollar and now trades at $21.88 or 0.00034448 BTC.
• Horizen (ZEN) traded 1% higher against the dollar and now trades at $8.61 or 0.00013557 BTC.
• Pirate Chain (ARRR) traded up 20.7% against the dollar and now trades at $0.40 or 0.00000630 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 2.1% against the dollar and now trades at $0.0598 or 0.00000094 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 139,753,673 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.komodoplatform.com. 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. 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView