Komodo Price Hits $0.24 on Major Exchanges (KMD)

Komodo (KMD) traded 5.6% lower against the dollar during the 24 hour period ending at 9:00 AM Eastern on October 23rd. During the last week, Komodo has traded down 6.7% against the dollar. One Komodo coin can currently be bought for approximately $0.24 or 0.00000365 BTC on popular exchanges. Komodo has a total market capitalization of $32.97 million and $803,262.93 worth of Komodo was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded up 2.4% against the dollar and now trades at $37.85 or 0.00056953 BTC.
• Bitcoin Gold (BTG) traded down 2.1% against the dollar and now trades at $22.22 or 0.00033440 BTC.
• Horizen (ZEN) traded down 1.7% against the dollar and now trades at $7.70 or 0.00011591 BTC.
• Pirate Chain (ARRR) traded 4.5% lower against the dollar and now trades at $0.17 or 0.00000254 BTC.
• ZClassic (ZCL) traded 0.9% lower against the dollar and now trades at $0.0565 or 0.00000085 BTC.

Komodo Coin Profile

Komodo (CRYPTO:KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 140,539,170 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. 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.

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 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 GDAX, Gemini 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