Komodo Price Reaches $0.21 (KMD)

Komodo (KMD) traded 2.5% higher against the US dollar during the 24-hour period ending at 10:00 AM Eastern on November 4th. Komodo has a total market cap of $28.75 million and approximately $637,204.91 worth of Komodo was traded on exchanges in the last 24 hours. Over the last seven days, Komodo has traded 11.3% lower against the US dollar. One Komodo coin can currently be bought for $0.21 or 0.00000309 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded up 5.4% against the dollar and now trades at $38.01 or 0.00055548 BTC.
• Bitcoin Gold (BTG) traded up 1.6% against the dollar and now trades at $21.40 or 0.00031279 BTC.
• Horizen (ZEN) traded up 3.2% against the dollar and now trades at $7.23 or 0.00010565 BTC.
• Pirate Chain (ARRR) traded up 3.7% against the dollar and now trades at $0.17 or 0.00000244 BTC.
• ZClassic (ZCL) traded down 34.2% against the dollar and now trades at $0.0410 or 0.00000060 BTC.

About Komodo

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,556,364 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 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. 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 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, Gemini or Coinbase. 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