Komodo Price Hits $0.29 on Exchanges (KMD)

Komodo (KMD) traded 0.9% higher against the dollar during the 24-hour period ending at 21:00 PM Eastern on July 27th. One Komodo coin can now be bought for about $0.29 or 0.00000419 BTC on exchanges. Komodo has a total market capitalization of $38.81 million and approximately $1.38 million worth of Komodo was traded on exchanges in the last day. In the last seven days, Komodo has traded 4.7% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 0.3% lower against the dollar and now trades at $31.88 or 0.00046785 BTC.
• Bitcoin Gold (BTG) traded up 0.6% against the dollar and now trades at $26.32 or 0.00038617 BTC.
• Horizen (ZEN) traded 4.3% lower against the dollar and now trades at $10.73 or 0.00015749 BTC.
• Pirate Chain (ARRR) traded down 2.3% against the dollar and now trades at $0.17 or 0.00000256 BTC.
• ZClassic (ZCL) traded up 0.6% against the dollar and now trades at $0.0552 or 0.00000081 BTC.

About Komodo

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,219,160 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is komodoplatform.com. 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 trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView