Komodo Price Reaches $0.31 on Exchanges (KMD)

Komodo (KMD) traded 18.8% lower against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on November 18th. Komodo has a market cap of $41.78 million and $48.62 million worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can currently be purchased for about $0.31 or 0.00000336 BTC on cryptocurrency exchanges. During the last seven days, Komodo has traded up 22.1% against the dollar.

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

• Zcash (ZEC) traded up 6.9% against the dollar and now trades at $46.23 or 0.00050624 BTC.
• Bitcoin Gold (BTG) traded up 1.5% against the dollar and now trades at $32.32 or 0.00035385 BTC.
• Horizen (ZEN) traded 3.1% higher against the dollar and now trades at $9.52 or 0.00010428 BTC.
• Pirate Chain (ARRR) traded 4.5% lower against the dollar and now trades at $0.24 or 0.00000260 BTC.
• ZClassic (ZCL) traded up 1.1% against the dollar and now trades at $0.0548 or 0.00000060 BTC.

About Komodo

Komodo (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 140,577,040 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 website is komodoplatform.com. The official message board for Komodo is blog.komodoplatform.com. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible 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.”

Buying and Selling Komodo

It is usually not possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView