Komodo (KMD) Price Tops $0.30 on Exchanges

Komodo (KMD) traded 8.8% lower against the U.S. dollar during the one day period ending at 14:00 PM ET on June 29th. Komodo has a total market cap of $40.75 million and $1.83 million worth of Komodo was traded on exchanges in the last day. One Komodo coin can now be bought for about $0.30 or 0.00000492 BTC on exchanges. During the last week, Komodo has traded down 15.2% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin Gold (BTG) traded down 0.9% against the dollar and now trades at $25.11 or 0.00041236 BTC.
• Zcash (ZEC) traded 1.1% lower against the dollar and now trades at $20.51 or 0.00033683 BTC.
• Horizen (ZEN) traded up 3.4% against the dollar and now trades at $6.88 or 0.00011300 BTC.
• Pirate Chain (ARRR) traded up 7.6% against the dollar and now trades at $0.19 or 0.00000315 BTC.
• ZClassic (ZCL) traded 0.1% higher against the dollar and now trades at $0.0493 or 0.00000081 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. It was first traded on September 13th, 2016. Komodo’s total supply is 140,105,312 coins and its circulating supply is 135,953,876 coins. 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. 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 US dollars. Investors seeking to acquire Komodo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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