Komodo (KMD) Price Tops $0.39 on Exchanges

Komodo (KMD) traded down 15.3% against the dollar during the 24 hour period ending at 21:00 PM ET on April 12th. In the last week, Komodo has traded 21.1% lower against the dollar. One Komodo coin can now be bought for approximately $0.39 or 0.00000583 BTC on exchanges. Komodo has a total market capitalization of $53.07 million and approximately $3.64 million worth of Komodo was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • Bitcoin Gold (BTG) traded 7.7% lower against the dollar and now trades at $41.71 or 0.00062330 BTC.
  • Zcash (ZEC) traded down 13.2% against the dollar and now trades at $23.19 or 0.00034652 BTC.
  • Horizen (ZEN) traded down 21.8% against the dollar and now trades at $8.85 or 0.00013226 BTC.
  • Pirate Chain (ARRR) traded down 18.8% against the dollar and now trades at $0.27 or 0.00000404 BTC.
  • Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
  • ZClassic (ZCL) traded 28.2% lower against the dollar and now trades at $0.0634 or 0.00000095 BTC.

About Komodo

Komodo (KMD) is a dPoW/PoW coin that uses the Equihash hashing algorithm. Its launch date was September 13th, 2016. Komodo’s total supply is 139,728,924 coins and its circulating supply is 135,953,876 coins. The official website for Komodo is komodoplatform.com. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. 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.”

Buying and Selling Komodo

It is usually not possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Komodo using one of the aforementioned exchanges.

Receive News & Updates for Komodo Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Komodo and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.