Komodo Price Tops $0.25 on Exchanges (KMD)

Komodo (KMD) traded 0.3% higher against the dollar during the twenty-four hour period ending at 10:00 AM ET on September 21st. One Komodo coin can now be purchased for approximately $0.25 or 0.00000402 BTC on popular cryptocurrency exchanges. Komodo has a total market capitalization of $34.58 million and $1.30 million worth of Komodo was traded on exchanges in the last 24 hours. During the last seven days, Komodo has traded down 0.6% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded 1.8% higher against the dollar and now trades at $31.47 or 0.00049771 BTC.
• Bitcoin Gold (BTG) traded 3.1% higher against the dollar and now trades at $23.81 or 0.00037647 BTC.
• Horizen (ZEN) traded up 0.1% against the dollar and now trades at $8.30 or 0.00013127 BTC.
• Pirate Chain (ARRR) traded down 2.4% against the dollar and now trades at $0.17 or 0.00000273 BTC.
• ZClassic (ZCL) traded 3.2% lower against the dollar and now trades at $0.0483 or 0.00000076 BTC.

About Komodo

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 140,448,502 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. The official message board for Komodo 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.”

Buying and Selling Komodo

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

KMD/USD price chart by TradingView