Komodo (KMD) Price Hits $0.39 on Top Exchanges

Komodo (KMD) traded 0.9% higher against the US dollar during the 24-hour period ending at 11:00 AM ET on December 8th. Komodo has a total market capitalization of $52.98 million and approximately $4.83 million worth of Komodo was traded on exchanges in the last 24 hours. In the last week, Komodo has traded up 14.6% against the US dollar. One Komodo coin can now be bought for $0.39 or 0.00000389 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded up 3.4% against the dollar and now trades at $74.27 or 0.00074191 BTC.
• Bitcoin Gold (BTG) traded 1.3% higher against the dollar and now trades at $37.32 or 0.00037278 BTC.
• Horizen (ZEN) traded 0.8% lower against the dollar and now trades at $17.46 or 0.00017443 BTC.
• Pirate Chain (ARRR) traded 9% lower against the dollar and now trades at $0.26 or 0.00000259 BTC.
• ZClassic (ZCL) traded 0.5% higher against the dollar and now trades at $0.0601 or 0.00000060 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 140,605,890 coins and its circulating supply is 135,953,876 coins. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. Komodo’s official website is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official message board is blog.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 trade Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX 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