Komodo (KMD) Price Tops $0.22 on Exchanges

Komodo (KMD) traded 2.5% lower against the dollar during the 1-day period ending at 12:00 PM E.T. on January 29th. During the last week, Komodo has traded 13.7% lower against the dollar. Komodo has a total market cap of $30.18 million and $830,634.99 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be bought for about $0.22 or 0.00000218 BTC on popular cryptocurrency exchanges.

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

• Zcash (ZEC) traded down 5.8% against the dollar and now trades at $41.43 or 0.00040662 BTC.
• Horizen (ZEN) traded 1.9% lower against the dollar and now trades at $17.81 or 0.00017485 BTC.
• Bitcoin Gold (BTG) traded 0.5% lower against the dollar and now trades at $5.95 or 0.00005841 BTC.
• Pirate Chain (ARRR) traded 1.6% lower against the dollar and now trades at $0.18 or 0.00000176 BTC.
• ZClassic (ZCL) traded 0.3% lower against the dollar and now trades at $0.0438 or 0.00000043 BTC.

Komodo Coin 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 140,682,383 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. 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.”

Buying and Selling Komodo

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

KMD/USD price chart by TradingView