Komodo (KMD) Price Tops $0.37 on Major Exchanges

Komodo (KMD) traded 7.1% lower against the dollar during the 24-hour period ending at 12:00 PM Eastern on April 30th. One Komodo coin can now be bought for $0.37 or 0.00000612 BTC on popular exchanges. During the last week, Komodo has traded 18.8% lower against the dollar. Komodo has a total market cap of $50.63 million and $2.58 million worth of Komodo was traded on exchanges in the last 24 hours.

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

• Bitcoin Gold (BTG) traded 7.2% lower against the dollar and now trades at $30.46 or 0.00050070 BTC.
• Zcash (ZEC) traded 7.5% lower against the dollar and now trades at $20.82 or 0.00034227 BTC.
• Horizen (ZEN) traded 6.4% lower against the dollar and now trades at $8.06 or 0.00013257 BTC.
• Pirate Chain (ARRR) traded 9.9% lower against the dollar and now trades at $0.35 or 0.00000579 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded down 3.6% against the dollar and now trades at $0.0548 or 0.00000090 BTC.

Komodo Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 139,802,848 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 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. 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 presently possible to purchase alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly 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