Komodo (KMD) Price Hits $0.24 on Top Exchanges

Komodo (KMD) traded down 4.5% against the US dollar during the twenty-four hour period ending at 13:00 PM ET on August 15th. In the last week, Komodo has traded 1.6% lower against the US dollar. Komodo has a market capitalization of $32.12 million and approximately $393,431.53 worth of Komodo was traded on exchanges in the last 24 hours. One Komodo coin can now be bought for about $0.24 or 0.00000395 BTC on popular exchanges.

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

• Zcash (ZEC) traded down 2% against the dollar and now trades at $41.89 or 0.00070101 BTC.
• Bitcoin Gold (BTG) traded up 1.8% against the dollar and now trades at $22.70 or 0.00037983 BTC.
• Horizen (ZEN) traded down 6.9% against the dollar and now trades at $7.86 or 0.00013155 BTC.
• Pirate Chain (ARRR) traded up 3% against the dollar and now trades at $0.17 or 0.00000289 BTC.
• ZClassic (ZCL) traded 0.8% higher against the dollar and now trades at $0.0655 or 0.00000110 BTC.

Komodo Profile

Komodo is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 140,296,338 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. The official website for Komodo 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.”

Komodo Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire 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 exchanges listed above.

KMD/USD price chart by TradingView