Komodo Price Hits $0.40 on Top Exchanges (KMD)

Komodo (KMD) traded 1.2% higher against the US dollar during the 1-day period ending at 12:00 PM Eastern on April 19th. During the last week, Komodo has traded 7.4% lower against the US dollar. One Komodo coin can now be purchased for approximately $0.40 or 0.00000630 BTC on exchanges. Komodo has a market cap of $54.99 million and approximately $3.21 million worth of Komodo was traded on exchanges in the last day.

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

• Bitcoin Gold (BTG) traded down 0.5% against the dollar and now trades at $35.51 or 0.00055320 BTC.
• Zcash (ZEC) traded 2.9% higher against the dollar and now trades at $22.37 or 0.00034852 BTC.
• Horizen (ZEN) traded up 2.2% against the dollar and now trades at $8.76 or 0.00013651 BTC.
• Pirate Chain (ARRR) traded up 11.1% against the dollar and now trades at $0.39 or 0.00000614 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded 1.3% higher against the dollar and now trades at $0.0604 or 0.00000094 BTC.

About Komodo

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 139,757,214 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 Twitter account is @komodoplatform and its Facebook page is accessible here. The official message board for Komodo is blog.komodoplatform.com. 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.”

Buying and Selling Komodo

It is usually not 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, Gemini or Changelly. 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