Komodo (KMD) Market Capitalization Reaches $52.47 Million

Komodo (KMD) traded up 1.2% against the US dollar during the one day period ending at 20:00 PM Eastern on May 25th. Komodo has a market capitalization of $52.47 million and approximately $2.07 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.39 or 0.00000557 BTC on cryptocurrency exchanges. During the last seven days, Komodo has traded down 7.1% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin Gold (BTG) traded 1.3% lower against the dollar and now trades at $36.43 or 0.00052615 BTC.
• Zcash (ZEC) traded 3% lower against the dollar and now trades at $26.91 or 0.00038874 BTC.
• Horizen (ZEN) traded up 0.2% against the dollar and now trades at $9.51 or 0.00013742 BTC.
• Pirate Chain (ARRR) traded up 1.3% against the dollar and now trades at $0.26 or 0.00000383 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 1.3% against the dollar and now trades at $0.0620 or 0.00000090 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,914,896 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. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here.

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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