Komodo Price Forecast: KMD The Promising Coin In 2018?

KMD Price Prediction 2018: Komodo is a crypto project intending to provide more anonymity and protection than first-generation cryptos like Bitcoin. The KMD platform relies on a technology named Zero Knowledge Proof. ZKP is a system that enables a prover to verify the fact of having some data without exposing anything more than the truth that he does has it. This technology allows for KMD transactions to be 100% private. To enhance security, Komodo practices a Delayed-Proof-of-Work consensus protocol which is comparable to the standard Proof-of-Work but adds a notarization mechanism that assures the integrity of a new block.

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Komodo Announcements and Exchanges

Komodo began as a privacy coin, developed into a platform, and is now a growing ecosystem. Komodo has a total fixed supply of 200 million coins, out of which 100 million were pre-mined and shared in the ICO. The 200 million hard cap is supposed to reach in approximately 14 years. The Komodo Platform concentrates on blockchain-to-blockchain solutions, with services that help clients build their blockchains or raise funds through ICO. KMD is also the home to BarterDex, a parent to HyperDex that permits direct wallet-to-wallet crypto trades. Currently, Komodo is trading at $1.776. Our predictors have analyzed the prices of REP and have declared that there will be an improvement in the value of Augur by the end of this year and may worth approximately $5.48 which is a 207.35% increase.

Komodo Price Prediction 2018

KMD can be a profitable investment option. Komodo price equal to 1.595 USD at 2018-07-27. If you buy Komodo for 100 dollars today, you will get a total of 62.685 KMD. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-07-22 is 10.318 US Dollars. With a 5-year investment, the revenue is supposed to be around +546.8%. Your current $100 investment may be up to $646.8 in 2023. KMD price today is $1.595 and have the market cap value $173,172,370. The current supply is 108,593,125 KMD, and the volume sits at $2,313,870.

Conclusion

The recent developments in the market had a considerable change in the trading value of KMD. The prices of this coin plunged down and started to trade in the red. But the currency somehow managed to overcome this crisis and pick up its values. The coin is in the recovery stage at the moment. Our predictors have stated that KMD has a bright future waiting ahead and this is one of the promising coins in 2018. The developments of this coin are massive, and soon we can see that KMD will pick up its values and trade back in the green. We can hope that exciting days and weeks wait ahead for KMD.

Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give the information of the coin with careful analysis. Please conduct your thorough study before funding in any crypto.

Komodo Price Forecast: KMD The Promising Coin In 2018?
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