Komodo (KMD) Hits Market Cap of $33.77 Million

Komodo (KMD) traded up 1.2% against the US dollar during the 1 day period ending at 15:00 PM ET on February 4th. Komodo has a market cap of $33.77 million and approximately $1.03 million worth of Komodo was traded on exchanges in the last 24 hours. Over the last seven days, Komodo has traded up 0.1% against the US dollar. One Komodo coin can currently be bought for $0.25 or 0.00000582 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Bitcoin Gold (BTG) traded 1.6% lower against the dollar and now trades at $22.72 or 0.00053266 BTC.
  • Zcash (ZEC) traded 2.3% lower against the dollar and now trades at $21.58 or 0.00050591 BTC.
  • Horizen (ZEN) traded 1.6% lower against the dollar and now trades at $7.83 or 0.00018354 BTC.
  • Pirate Chain (ARRR) traded 4.7% lower against the dollar and now trades at $0.21 or 0.00000492 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded up 4.9% against the dollar and now trades at $0.0791 or 0.00000185 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 136,870,414 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board 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 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 US dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

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