Komodo Price Reaches $0.32 on Major Exchanges (KMD)

Komodo (KMD) traded 1.8% higher against the US dollar during the 1-day period ending at 13:00 PM E.T. on January 17th. During the last seven days, Komodo has traded up 7.3% against the US dollar. One Komodo coin can now be bought for about $0.32 or 0.00000302 BTC on major exchanges. Komodo has a total market capitalization of $42.86 million and $1.03 million worth of Komodo was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 0.7% against the dollar and now trades at $54.64 or 0.00052330 BTC.
• Horizen (ZEN) traded 0.9% higher against the dollar and now trades at $30.19 or 0.00028913 BTC.
• Bitcoin Gold (BTG) traded down 1.5% against the dollar and now trades at $11.40 or 0.00010922 BTC.
• Pirate Chain (ARRR) traded down 0.7% against the dollar and now trades at $0.20 or 0.00000191 BTC.
• ZClassic (ZCL) traded 4.2% higher against the dollar and now trades at $0.0448 or 0.00000043 BTC.

About Komodo

Komodo (CRYPTO: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 140,665,621 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. The official website for Komodo is komodoplatform.com. The official message board for Komodo 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 presently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to trade Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the aforementioned exchanges.

KMD/USD price chart by TradingView