Komodo Price Tops $0.27 on Top Exchanges (KMD)

Komodo (KMD) traded up 4% against the US dollar during the 24-hour period ending at 7:00 AM ET on October 12th. During the last week, Komodo has traded up 7.6% against the US dollar. Komodo has a total market cap of $36.16 million and $1.06 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for $0.27 or 0.00000422 BTC on popular exchanges.

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

• Zcash (ZEC) traded 0% higher against the dollar and now trades at $35.68 or 0.00056617 BTC.
• Bitcoin Gold (BTG) traded 3% higher against the dollar and now trades at $22.33 or 0.00035442 BTC.
• Horizen (ZEN) traded 3.1% higher against the dollar and now trades at $8.38 or 0.00013303 BTC.
• Pirate Chain (ARRR) traded 6.1% lower against the dollar and now trades at $0.17 or 0.00000263 BTC.
• ZClassic (ZCL) traded up 0.8% against the dollar and now trades at $0.0493 or 0.00000078 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,514,838 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. The official message board for Komodo 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.

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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView