Komodo Price Hits $0.23 (KMD)

Komodo (KMD) traded 7.7% higher against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on November 6th. One Komodo coin can now be purchased for approximately $0.23 or 0.00000309 BTC on exchanges. Over the last seven days, Komodo has traded 4.5% lower against the U.S. dollar. Komodo has a market cap of $31.38 million and $1.13 million worth of Komodo was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded up 7.1% against the dollar and now trades at $41.06 or 0.00054873 BTC.
• Bitcoin Gold (BTG) traded 2.9% higher against the dollar and now trades at $22.63 or 0.00030248 BTC.
• Horizen (ZEN) traded up 4.8% against the dollar and now trades at $7.59 or 0.00010138 BTC.
• Pirate Chain (ARRR) traded down 0.8% against the dollar and now trades at $0.17 or 0.00000228 BTC.
• ZClassic (ZCL) traded up 6.9% against the dollar and now trades at $0.0450 or 0.00000060 BTC.

Komodo Coin Profile

Komodo (CRYPTO: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 140,559,490 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 official website for Komodo is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here.

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 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 GDAX, Gemini or Changelly. 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