Komodo Price Tops $0.28 on Major Exchanges (KMD)

Komodo (KMD) traded 5.5% higher against the dollar during the 24-hour period ending at 8:00 AM ET on July 26th. In the last week, Komodo has traded 11.7% lower against the dollar. One Komodo coin can currently be purchased for approximately $0.28 or 0.00000417 BTC on popular cryptocurrency exchanges. Komodo has a market capitalization of $38.13 million and $1.87 million worth of Komodo was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 4.8% higher against the dollar and now trades at $31.81 or 0.00047352 BTC.
• Bitcoin Gold (BTG) traded up 3.6% against the dollar and now trades at $25.25 or 0.00037580 BTC.
• Horizen (ZEN) traded 3.7% lower against the dollar and now trades at $11.01 or 0.00016384 BTC.
• Pirate Chain (ARRR) traded down 1.7% against the dollar and now trades at $0.18 or 0.00000263 BTC.
• ZClassic (ZCL) traded 8.1% higher against the dollar and now trades at $0.0544 or 0.00000081 BTC.

About Komodo

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,213,246 coins and its circulating supply is 135,953,876 coins. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official website is 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 purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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