Komodo Price Reaches $0.27 (KMD)

Komodo (KMD) traded down 4.2% against the dollar during the 1 day period ending at 0:00 AM E.T. on July 30th. One Komodo coin can currently be bought for approximately $0.27 or 0.00000416 BTC on exchanges. Komodo has a market cap of $37.32 million and approximately $1.62 million worth of Komodo was traded on exchanges in the last 24 hours. Over the last seven days, Komodo has traded down 0.4% against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 5% lower against the dollar and now trades at $31.52 or 0.00047783 BTC.
• Bitcoin Gold (BTG) traded 4% lower against the dollar and now trades at $26.36 or 0.00039956 BTC.
• Horizen (ZEN) traded 12.4% lower against the dollar and now trades at $9.57 or 0.00014514 BTC.
• Pirate Chain (ARRR) traded 5.5% higher against the dollar and now trades at $0.18 or 0.00000272 BTC.
• ZClassic (ZCL) traded 0.3% lower against the dollar and now trades at $0.0535 or 0.00000081 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,231,752 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.”

Komodo Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView