Komodo Price Hits $0.33 on Exchanges (KMD)

Komodo (KMD) traded down 0.3% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM ET on June 27th. During the last week, Komodo has traded down 3.1% against the U.S. dollar. One Komodo coin can currently be purchased for $0.33 or 0.00000542 BTC on popular exchanges. Komodo has a total market cap of $45.40 million and $1.80 million worth of Komodo was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin Gold (BTG) traded 0.9% higher against the dollar and now trades at $25.52 or 0.00041417 BTC.
• Zcash (ZEC) traded 4.7% higher against the dollar and now trades at $20.75 or 0.00033680 BTC.
• Horizen (ZEN) traded 2.1% higher against the dollar and now trades at $6.68 or 0.00010838 BTC.
• Pirate Chain (ARRR) traded 6.2% higher against the dollar and now trades at $0.19 or 0.00000301 BTC.
• ZClassic (ZCL) traded 1.4% higher against the dollar and now trades at $0.0499 or 0.00000081 BTC.

Komodo Coin Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,098,035 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. 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 currently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView