Komodo (KMD) Price Reaches $0.24 on Major Exchanges

Komodo (KMD) traded up 3.1% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM Eastern on October 27th. Komodo has a market capitalization of $32.11 million and approximately $441,475.53 worth of Komodo was traded on exchanges in the last 24 hours. In the last week, Komodo has traded down 11.3% against the U.S. dollar. One Komodo coin can currently be purchased for about $0.24 or 0.00000349 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded 4.8% lower against the dollar and now trades at $33.42 or 0.00049389 BTC.
• Bitcoin Gold (BTG) traded 1.9% higher against the dollar and now trades at $21.86 or 0.00032308 BTC.
• Horizen (ZEN) traded up 3.4% against the dollar and now trades at $7.44 or 0.00011000 BTC.
• Pirate Chain (ARRR) traded down 2.5% against the dollar and now trades at $0.18 or 0.00000268 BTC.
• ZClassic (ZCL) traded 1.3% higher against the dollar and now trades at $0.0575 or 0.00000085 BTC.

Komodo Coin Profile

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 140,544,985 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 Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.komodoplatform.com. The official website for Komodo is 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.”

Komodo Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView