Komodo (KMD) Price Hits $0.24 on Major Exchanges

Komodo (KMD) traded down 3.6% against the US dollar during the one day period ending at 9:00 AM Eastern on October 31st. Komodo has a total market capitalization of $32.70 million and approximately $1.10 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be purchased for approximately $0.24 or 0.00000337 BTC on exchanges. During the last seven days, Komodo has traded down 1.2% against the US dollar.

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

• Zcash (ZEC) traded 2.2% lower against the dollar and now trades at $37.38 or 0.00052355 BTC.
• Bitcoin Gold (BTG) traded up 0.3% against the dollar and now trades at $23.36 or 0.00032718 BTC.
• Horizen (ZEN) traded down 1.5% against the dollar and now trades at $7.54 or 0.00010556 BTC.
• Pirate Chain (ARRR) traded 0.7% higher against the dollar and now trades at $0.19 or 0.00000263 BTC.
• ZClassic (ZCL) traded down 0.3% against the dollar and now trades at $0.0501 or 0.00000070 BTC.

About Komodo

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 140,550,593 coins and its circulating supply is 135,953,876 coins. Komodo’s official message board is blog.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. 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 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 exchanges listed above.

KMD/USD price chart by TradingView