Komodo Price Tops $0.35 (KMD)

Komodo (KMD) traded 5% lower against the US dollar during the one day period ending at 12:00 PM E.T. on December 16th. Komodo has a market cap of $48.23 million and approximately $3.86 million worth of Komodo was traded on exchanges in the last 24 hours. During the last week, Komodo has traded down 2.7% against the US dollar. One Komodo coin can currently be purchased for about $0.35 or 0.00000332 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded down 2.2% against the dollar and now trades at $58.00 or 0.00054259 BTC.
• Bitcoin Gold (BTG) traded 6.7% lower against the dollar and now trades at $20.90 or 0.00019550 BTC.
• Horizen (ZEN) traded down 1.9% against the dollar and now trades at $14.71 or 0.00013761 BTC.
• Pirate Chain (ARRR) traded up 7.9% against the dollar and now trades at $0.28 or 0.00000259 BTC.
• ZClassic (ZCL) traded 3.4% higher against the dollar and now trades at $0.0426 or 0.00000040 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 140,617,602 coins and its circulating supply is 135,953,876 coins. 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. 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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