Komodo (KMD) Price Tops $0.41 on Exchanges

Komodo (KMD) traded up 0.5% against the US dollar during the one day period ending at 16:00 PM ET on April 27th. One Komodo coin can now be purchased for about $0.41 or 0.00000644 BTC on cryptocurrency exchanges. Over the last seven days, Komodo has traded down 4.7% against the US dollar. Komodo has a market capitalization of $55.41 million and $2.19 million worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin Gold (BTG) traded 0.2% higher against the dollar and now trades at $34.39 or 0.00054311 BTC.
• Zcash (ZEC) traded 0% higher against the dollar and now trades at $23.08 or 0.00036456 BTC.
• Horizen (ZEN) traded down 0.1% against the dollar and now trades at $8.81 or 0.00013920 BTC.
• Pirate Chain (ARRR) traded 8.6% lower against the dollar and now trades at $0.39 or 0.00000611 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.8% lower against the dollar and now trades at $0.0567 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 139,791,309 coins and its circulating supply is 135,953,876 coins. The official website for Komodo is komodoplatform.com. The official message board for Komodo is blog.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 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView