Komodo Achieves Market Capitalization of $24.67 Million (KMD)

Komodo (KMD) traded 5.6% lower against the dollar during the 1-day period ending at 12:00 PM ET on February 6th. Komodo has a market cap of $24.67 million and $908,316.25 worth of Komodo was traded on exchanges in the last 24 hours. During the last seven days, Komodo has traded 25.1% lower against the dollar. One Komodo coin can now be purchased for approximately $0.18 or 0.00000188 BTC on popular exchanges.

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

• Zcash (ZEC) traded 9.7% lower against the dollar and now trades at $29.93 or 0.00030977 BTC.
• Horizen (ZEN) traded down 10.3% against the dollar and now trades at $11.22 or 0.00011610 BTC.
• Bitcoin Gold (BTG) traded 1.8% lower against the dollar and now trades at $4.71 or 0.00004876 BTC.
• Pirate Chain (ARRR) traded down 5.4% against the dollar and now trades at $0.15 or 0.00000155 BTC.
• ZClassic (ZCL) traded up 90.2% against the dollar and now trades at $0.0802 or 0.00000083 BTC.

About Komodo

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 140,693,883 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. 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.

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 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, GDAX or Gemini. 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