Komodo Price Reaches $0.42 (KMD)

Komodo (KMD) traded up 4.3% against the U.S. dollar during the twenty-four hour period ending at 13:00 PM Eastern on April 28th. Komodo has a market capitalization of $56.95 million and approximately $2.30 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be purchased for about $0.42 or 0.00000658 BTC on cryptocurrency exchanges. In the last week, Komodo has traded down 2.9% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin Gold (BTG) traded 1.4% higher against the dollar and now trades at $34.43 or 0.00054084 BTC.
• Zcash (ZEC) traded 0.7% higher against the dollar and now trades at $22.99 or 0.00036123 BTC.
• Horizen (ZEN) traded up 2.2% against the dollar and now trades at $8.96 or 0.00014074 BTC.
• Pirate Chain (ARRR) traded up 7.3% against the dollar and now trades at $0.41 or 0.00000645 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.2% higher against the dollar and now trades at $0.0572 or 0.00000090 BTC.

Komodo Coin Profile

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 139,794,920 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official website for Komodo is komodoplatform.com. Komodo’s official message board is blog.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.”

Komodo Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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