Komodo (KMD) Price Tops $0.25

Komodo (KMD) traded 5.3% higher against the U.S. dollar during the 1-day period ending at 14:00 PM E.T. on September 9th. During the last week, Komodo has traded 2.6% higher against the U.S. dollar. One Komodo coin can currently be purchased for about $0.25 or 0.00000436 BTC on major cryptocurrency exchanges. Komodo has a total market capitalization of $33.55 million and approximately $1.08 million worth of Komodo was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 5.5% against the dollar and now trades at $29.10 or 0.00051404 BTC.
• Bitcoin Gold (BTG) traded 3.4% higher against the dollar and now trades at $21.24 or 0.00037523 BTC.
• Horizen (ZEN) traded up 1% against the dollar and now trades at $8.27 or 0.00014609 BTC.
• Pirate Chain (ARRR) traded 2.9% higher against the dollar and now trades at $0.17 or 0.00000296 BTC.
• ZClassic (ZCL) traded up 4.7% against the dollar and now trades at $0.0464 or 0.00000082 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,397,668 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 presently 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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView