Komodo (KMD) Market Cap Hits $44.97 Million

Komodo (KMD) traded up 1.4% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on January 5th. Over the last week, Komodo has traded 4.3% lower against the U.S. dollar. Komodo has a market cap of $44.97 million and $1.32 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for approximately $0.33 or 0.00000337 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded 2.7% lower against the dollar and now trades at $57.65 or 0.00058804 BTC.
• Horizen (ZEN) traded 2.8% lower against the dollar and now trades at $27.54 or 0.00028085 BTC.
• Bitcoin Gold (BTG) traded 23.2% higher against the dollar and now trades at $16.43 or 0.00016758 BTC.
• Pirate Chain (ARRR) traded down 0.1% against the dollar and now trades at $0.22 or 0.00000225 BTC.
• ZClassic (ZCL) traded up 2.8% against the dollar and now trades at $0.0422 or 0.00000043 BTC.

Komodo 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 140,647,790 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. Komodo’s official message board 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView