Komodo (KMD) Price Reaches $0.43 on Top Exchanges

Komodo (KMD) traded 13.9% higher against the U.S. dollar during the one day period ending at 13:00 PM ET on May 8th. Komodo has a total market cap of $59.08 million and $15.83 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be bought for about $0.43 or 0.00000695 BTC on exchanges. During the last week, Komodo has traded up 18.5% against the U.S. dollar.

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

• Bitcoin Gold (BTG) traded down 3.6% against the dollar and now trades at $35.17 or 0.00056234 BTC.
• Zcash (ZEC) traded 0% higher against the dollar and now trades at $22.97 or 0.00036733 BTC.
• Horizen (ZEN) traded down 0.9% against the dollar and now trades at $8.94 or 0.00014299 BTC.
• Pirate Chain (ARRR) traded up 1% against the dollar and now trades at $0.38 or 0.00000604 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 3.8% lower against the dollar and now trades at $0.0548 or 0.00000088 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 139,837,731 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 Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.komodoplatform.com.

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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView