Komodo Market Cap Reaches $32.94 Million (KMD)

Komodo (KMD) traded 4.2% lower against the U.S. dollar during the one day period ending at 12:00 PM E.T. on August 3rd. One Komodo coin can currently be bought for about $0.24 or 0.00000398 BTC on popular cryptocurrency exchanges. Over the last seven days, Komodo has traded down 14% against the U.S. dollar. Komodo has a total market capitalization of $32.94 million and approximately $1.49 million worth of Komodo was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded up 0.9% against the dollar and now trades at $33.16 or 0.00054471 BTC.
• Bitcoin Gold (BTG) traded down 4.1% against the dollar and now trades at $23.67 or 0.00038887 BTC.
• Horizen (ZEN) traded 8.6% lower against the dollar and now trades at $8.85 or 0.00014536 BTC.
• Pirate Chain (ARRR) traded down 3% against the dollar and now trades at $0.16 or 0.00000269 BTC.
• ZClassic (ZCL) traded 1.8% lower against the dollar and now trades at $0.0503 or 0.00000083 BTC.

Komodo Coin Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,246,277 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is 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. 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.”

Buying and Selling Komodo

It is usually not presently 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