Komodo (KMD) Price Tops $0.0346 on Major Exchanges

Komodo (KMD) traded up 2.5% against the US dollar during the 1-day period ending at 8:00 AM E.T. on January 28th. Komodo has a total market capitalization of $4.71 million and approximately $164.30 thousand worth of Komodo was traded on exchanges in the last day. One Komodo coin can currently be bought for about $0.0346 or 0.00000038 BTC on cryptocurrency exchanges. Over the last week, Komodo has traded 3.7% lower against the US dollar.

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

• Zcash (ZEC) traded 3.7% higher against the dollar and now trades at $396.65 or 0.00440781 BTC.
• Horizen (ZEN) traded 0.7% higher against the dollar and now trades at $9.24 or 0.00010272 BTC.
• Pirate Chain (ARRR) traded 16.7% higher against the dollar and now trades at $0.48 or 0.00000535 BTC.
• Bitcoin Gold (BTG) traded 93.2% higher against the dollar and now trades at $1.15 or 0.00001283 BTC.
• ZClassic (ZCL) traded up 46% against the dollar and now trades at $0.27 or 0.00000301 BTC.

About Komodo

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 141,197,238 coins and its circulating supply is 135,953,876 coins. Komodo’s official website is komodoplatform.com. 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 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase 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