Komodo (KMD) Price Tops $0.25 on Top Exchanges

Komodo (KMD) traded 4% higher against the US dollar during the 1-day period ending at 16:00 PM ET on August 20th. During the last week, Komodo has traded up 2.6% against the US dollar. Komodo has a market capitalization of $34.55 million and approximately $1.70 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for approximately $0.25 or 0.00000428 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded 0.6% lower against the dollar and now trades at $41.65 or 0.00070064 BTC.
• Bitcoin Gold (BTG) traded up 2.2% against the dollar and now trades at $22.57 or 0.00037967 BTC.
• Horizen (ZEN) traded 1.3% lower against the dollar and now trades at $7.70 or 0.00012951 BTC.
• Pirate Chain (ARRR) traded 2.3% lower against the dollar and now trades at $0.16 or 0.00000262 BTC.
• ZClassic (ZCL) traded 1.7% higher against the dollar and now trades at $0.0654 or 0.00000110 BTC.

Komodo Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,317,746 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. The official message board for Komodo 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 currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView