Komodo Price Tops $0.40 on Major Exchanges (KMD)

Komodo (KMD) traded down 1.3% against the US dollar during the 24-hour period ending at 22:00 PM E.T. on April 15th. In the last week, Komodo has traded down 25.7% against the US dollar. One Komodo coin can currently be purchased for $0.40 or 0.00000627 BTC on cryptocurrency exchanges. Komodo has a market cap of $53.99 million and approximately $3.92 million worth of Komodo was traded on exchanges in the last day.

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

• Bitcoin Gold (BTG) traded up 0.1% against the dollar and now trades at $37.11 or 0.00058575 BTC.
• Zcash (ZEC) traded 2.3% lower against the dollar and now trades at $21.12 or 0.00033336 BTC.
• Horizen (ZEN) traded up 0.3% against the dollar and now trades at $8.52 or 0.00013447 BTC.
• Pirate Chain (ARRR) traded 0.3% lower against the dollar and now trades at $0.31 or 0.00000482 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 4.3% lower against the dollar and now trades at $0.0600 or 0.00000095 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 139,741,784 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official website 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 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 GDAX, Changelly or Gemini. 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