Komodo Market Cap Tops $37.22 Million (KMD)

Komodo (KMD) traded 0.8% lower against the dollar during the one day period ending at 16:00 PM E.T. on July 5th. Over the last week, Komodo has traded down 15.4% against the dollar. Komodo has a total market cap of $37.22 million and approximately $2.08 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for $0.27 or 0.00000483 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin Gold (BTG) traded 4.4% lower against the dollar and now trades at $22.48 or 0.00039685 BTC.
• Zcash (ZEC) traded down 5.7% against the dollar and now trades at $18.16 or 0.00032059 BTC.
• Horizen (ZEN) traded 11.9% higher against the dollar and now trades at $9.42 or 0.00016631 BTC.
• Pirate Chain (ARRR) traded down 2.2% against the dollar and now trades at $0.17 or 0.00000305 BTC.
• ZClassic (ZCL) traded down 3% against the dollar and now trades at $0.0459 or 0.00000081 BTC.

About 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 140,130,002 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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 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 Changelly, Coinbase or GDAX. 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