Komodo (KMD) Price Hits $0.39 on Top Exchanges

Komodo (KMD) traded down 2.2% against the US dollar during the 24-hour period ending at 22:00 PM Eastern on April 17th. In the last week, Komodo has traded down 17.5% against the US dollar. One Komodo coin can now be purchased for about $0.39 or 0.00000632 BTC on cryptocurrency exchanges. Komodo has a market cap of $52.88 million and approximately $3.51 million worth of Komodo was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin Gold (BTG) traded down 3.7% against the dollar and now trades at $35.16 or 0.00057139 BTC.
• Zcash (ZEC) traded 0.9% lower against the dollar and now trades at $20.93 or 0.00034024 BTC.
• Horizen (ZEN) traded up 0.7% against the dollar and now trades at $8.41 or 0.00013672 BTC.
• Pirate Chain (ARRR) traded up 1.8% against the dollar and now trades at $0.35 or 0.00000571 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 6.3% against the dollar and now trades at $0.0570 or 0.00000093 BTC.

Komodo Profile

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its genesis date was September 13th, 2016. Komodo’s total supply is 139,750,376 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 message board is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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 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, Coinbase or Gemini. 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