Komodo Price Tops $0.46 on Major Exchanges (KMD)

Komodo (KMD) traded 3.1% higher against the U.S. dollar during the 1 day period ending at 13:00 PM ET on April 23rd. One Komodo coin can now be purchased for about $0.46 or 0.00000684 BTC on popular exchanges. During the last week, Komodo has traded up 8.9% against the U.S. dollar. Komodo has a total market capitalization of $62.12 million and approximately $3.28 million worth of Komodo was traded on exchanges in the last 24 hours.

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

• Bitcoin Gold (BTG) traded down 0.2% against the dollar and now trades at $37.25 or 0.00055726 BTC.
• Zcash (ZEC) traded down 0.2% against the dollar and now trades at $24.04 or 0.00035967 BTC.
• Horizen (ZEN) traded 1.5% higher against the dollar and now trades at $9.46 or 0.00014147 BTC.
• Pirate Chain (ARRR) traded down 4% against the dollar and now trades at $0.35 or 0.00000526 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 2.4% higher against the dollar and now trades at $0.0632 or 0.00000095 BTC.

Komodo Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,773,931 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. Komodo’s official website is komodoplatform.com. Komodo’s official message board is blog.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 possible to buy alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView