Komodo (KMD) Price Reaches $0.42 on Major Exchanges

Komodo (KMD) traded down 0.6% against the U.S. dollar during the 1-day period ending at 23:00 PM E.T. on April 25th. Komodo has a total market capitalization of $57.17 million and approximately $3.13 million worth of Komodo was traded on exchanges in the last 24 hours. During the last week, Komodo has traded 11% higher against the U.S. dollar. One Komodo coin can now be bought for approximately $0.42 or 0.00000653 BTC on popular cryptocurrency exchanges.

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

• Bitcoin Gold (BTG) traded 3.7% lower against the dollar and now trades at $33.91 or 0.00052659 BTC.
• Zcash (ZEC) traded 1.5% higher against the dollar and now trades at $23.21 or 0.00036040 BTC.
• Horizen (ZEN) traded 1.5% higher against the dollar and now trades at $8.97 or 0.00013934 BTC.
• Pirate Chain (ARRR) traded up 3.2% against the dollar and now trades at $0.42 or 0.00000658 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 0.2% higher against the dollar and now trades at $0.0611 or 0.00000095 BTC.

Komodo 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 139,783,931 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official message board is blog.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 website 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly 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