Komodo (KMD) Hits Market Capitalization of $3.39 Million

Komodo (KMD) traded down 0.7% against the US dollar during the one day period ending at 7:00 AM E.T. on January 20th. Komodo has a market capitalization of $3.39 million and approximately $193.34 thousand worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be purchased for about $0.0250 or 0.00000027 BTC on major cryptocurrency exchanges. Over the last week, Komodo has traded down 31.9% against the US dollar.

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

• Zcash (ZEC) traded 1.4% lower against the dollar and now trades at $366.57 or 0.00402415 BTC.
• Horizen (ZEN) traded down 5.2% against the dollar and now trades at $10.48 or 0.00011500 BTC.
• Pirate Chain (ARRR) traded 12.6% lower against the dollar and now trades at $0.45 or 0.00000494 BTC.
• Bitcoin Gold (BTG) traded 15.4% lower against the dollar and now trades at $1.34 or 0.00001471 BTC.
• ZClassic (ZCL) traded 3.3% lower against the dollar and now trades at $0.32 or 0.00000356 BTC.

Komodo Coin Profile

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 141,187,937 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. 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 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 possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView