Komodo (KMD) Price Tops $0.43 on Exchanges

Komodo (KMD) traded down 6.5% against the U.S. dollar during the one day period ending at 17:00 PM Eastern on April 24th. During the last week, Komodo has traded up 9.8% against the U.S. dollar. One Komodo coin can now be bought for about $0.43 or 0.00000668 BTC on popular exchanges. Komodo has a market cap of $58.28 million and approximately $3.83 million worth of Komodo was traded on exchanges in the last day.

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

• Bitcoin Gold (BTG) traded 4% lower against the dollar and now trades at $35.64 or 0.00055494 BTC.
• Zcash (ZEC) traded down 4.3% against the dollar and now trades at $23.04 or 0.00035868 BTC.
• Horizen (ZEN) traded down 3.4% against the dollar and now trades at $9.06 or 0.00014104 BTC.
• Pirate Chain (ARRR) traded 5.9% higher against the dollar and now trades at $0.37 or 0.00000583 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 3.7% against the dollar and now trades at $0.0609 or 0.00000095 BTC.

Komodo Coin 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 139,778,663 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.komodoplatform.com. The official website for Komodo is 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.”

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, Gemini 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