Komodo (KMD) Price Tops $0.22 on Exchanges

Komodo (KMD) traded down 5% against the U.S. dollar during the 24 hour period ending at 20:00 PM E.T. on November 2nd. Komodo has a market capitalization of $29.51 million and approximately $850,832.95 worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for about $0.22 or 0.00000313 BTC on cryptocurrency exchanges. In the last seven days, Komodo has traded 6.3% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 2.9% lower against the dollar and now trades at $36.83 or 0.00053159 BTC.
• Bitcoin Gold (BTG) traded 1.2% lower against the dollar and now trades at $21.98 or 0.00031717 BTC.
• Horizen (ZEN) traded up 0.6% against the dollar and now trades at $7.42 or 0.00010706 BTC.
• Pirate Chain (ARRR) traded down 10.6% against the dollar and now trades at $0.16 or 0.00000237 BTC.
• ZClassic (ZCL) traded 31.2% higher against the dollar and now trades at $0.0638 or 0.00000092 BTC.

Komodo Coin Profile

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 140,554,022 coins and its circulating supply is 135,953,876 coins. 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 website is komodoplatform.com. The official message board for Komodo 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.”

Komodo Coin Trading

It is usually not currently 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 Changelly, GDAX or Gemini. 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