Komodo Hits Market Capitalization of $50.51 Million (KMD)

Komodo (KMD) traded down 0.8% against the US dollar during the 24 hour period ending at 21:00 PM ET on June 14th. During the last seven days, Komodo has traded down 9.4% against the US dollar. One Komodo coin can now be purchased for $0.37 or 0.00000562 BTC on major exchanges. Komodo has a total market capitalization of $50.51 million and $2.79 million worth of Komodo was traded on exchanges in the last 24 hours.

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

  • Bitcoin Gold (BTG) traded 2.1% lower against the dollar and now trades at $28.83 or 0.00043637 BTC.
  • Zcash (ZEC) traded down 0.3% against the dollar and now trades at $22.65 or 0.00034281 BTC.
  • Horizen (ZEN) traded 0.5% lower against the dollar and now trades at $7.27 or 0.00011000 BTC.
  • Pirate Chain (ARRR) traded 4% lower against the dollar and now trades at $0.23 or 0.00000347 BTC.
  • ZClassic (ZCL) traded 0.1% lower against the dollar and now trades at $0.0595 or 0.00000090 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,043,869 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.komodoplatform.com. The official website for Komodo is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

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