Komodo (KMD) Price Hits $0.27

Komodo (KMD) traded up 1.8% against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on October 1st. Over the last week, Komodo has traded 4.1% higher against the US dollar. One Komodo coin can currently be purchased for about $0.27 or 0.00000419 BTC on major exchanges. Komodo has a total market cap of $36.36 million and approximately $1.66 million worth of Komodo was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 0.3% higher against the dollar and now trades at $28.41 or 0.00044466 BTC.
• Bitcoin Gold (BTG) traded 0.8% higher against the dollar and now trades at $24.00 or 0.00037555 BTC.
• Horizen (ZEN) traded down 1.8% against the dollar and now trades at $8.13 or 0.00012727 BTC.
• Pirate Chain (ARRR) traded 2.1% higher against the dollar and now trades at $0.19 or 0.00000296 BTC.
• ZClassic (ZCL) traded 1.7% higher against the dollar and now trades at $0.0517 or 0.00000081 BTC.

Komodo Coin 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 140,489,498 coins and its circulating supply is 135,953,876 coins. The official message board for Komodo is blog.komodoplatform.com. 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 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 possible to purchase alternative cryptocurrencies such as Komodo directly using U.S. dollars. Investors seeking to trade Komodo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView