Komodo (KMD) Price Reaches $0.26 on Major Exchanges

Komodo (KMD) traded down 5.1% against the U.S. dollar during the 24 hour period ending at 21:00 PM E.T. on October 21st. During the last seven days, Komodo has traded 5.2% lower against the U.S. dollar. Komodo has a total market cap of $35.07 million and $1.00 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be purchased for approximately $0.26 or 0.00000384 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded 1% higher against the dollar and now trades at $36.95 or 0.00054982 BTC.
• Bitcoin Gold (BTG) traded 4.2% lower against the dollar and now trades at $22.81 or 0.00033937 BTC.
• Horizen (ZEN) traded 4.3% lower against the dollar and now trades at $7.98 or 0.00011882 BTC.
• Pirate Chain (ARRR) traded down 4.6% against the dollar and now trades at $0.18 or 0.00000263 BTC.
• ZClassic (ZCL) traded 5.1% lower against the dollar and now trades at $0.0538 or 0.00000080 BTC.

Komodo Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,537,065 coins and its circulating supply is 135,953,876 coins. The official website for Komodo 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. 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 buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView