Komodo (KMD) Price Reaches $0.27 on Exchanges

Komodo (KMD) traded up 4.3% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on October 20th. One Komodo coin can now be bought for $0.27 or 0.00000392 BTC on cryptocurrency exchanges. In the last week, Komodo has traded up 3% against the U.S. dollar. Komodo has a market capitalization of $36.81 million and approximately $661,525.09 worth of Komodo was traded on exchanges in the last day.

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

• Zcash (ZEC) traded 0% lower against the dollar and now trades at $36.89 or 0.00053469 BTC.
• Bitcoin Gold (BTG) traded up 0.9% against the dollar and now trades at $23.85 or 0.00034558 BTC.
• Horizen (ZEN) traded up 3% against the dollar and now trades at $8.37 or 0.00012124 BTC.
• Pirate Chain (ARRR) traded 2.4% higher against the dollar and now trades at $0.18 or 0.00000267 BTC.
• ZClassic (ZCL) traded up 1% against the dollar and now trades at $0.0552 or 0.00000080 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 140,535,082 coins and its circulating supply is 135,953,876 coins. 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 Twitter account is @komodoplatform and its Facebook page is accessible 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.”

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 Changelly, Gemini 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