It’s true that Komodo was a great disappointment for investors in 2018. KMD price went down from $9.017 on January 1st 2018 to $0.824175 on December 31 2018. However, it is worth monitoring our Komodo price prediction algorithm: Komodo might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, KMD might be the coin to watch closely now.
The current Komodo price is $0.638969, its circulating supply is 117 293 461 KMD. Our algorithm predicts that based on historical data Komodo price will be at $1.42 in 1 week and $1.14 in 1 month. Our deep learning algorithm predicts the KMD price will be at $2.23 in 6 months. Analysis of the cryptocurrency market shows that Komodo price may reach $1.47 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that KMD will stay around $1.33 in 2019, $1.47 in 2020, $1.56 in 2021, $1.79 in 2022 and $1.99 in 2023.
While creating the Komodo prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $2.23 and lowest possible predicted price is $1.68.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Komodo has the potential to stay within "survivors" team. Our Komodo short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Komodo Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Komodo forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Komodo (KMD)?
The current price of Komodo is $0.638969.
What is the current market capitalization of Komodo (KMD)?
The current market capitalization of Komodo is $74 946 923.
What will be the price of Komodo (KMD) Tomorrow?
Our algorithm forecasts that the price of Komodo will reach $1.29 tomorrow.
In 1 year from now what will 1 Komodo be worth?
As per the forecast and algorithmic analysis, the the price of 1 Komodo will be around $1.33.
Is it profitable to invest in Komodo (KMD)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Komodo (KMD) as a short term investment. Komodo can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Komodo be growing in the Future?
Komodo is potentially one of the most profitable among digital coins.
How high can the Price of Komodo go?
Our algorithm forecasts that the price of Komodo will reach $1.99 by 2023.
Is Komodo (KMD) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Komodo now.
Komodo is backed by a good tech product, which is the proprietary decentralized exchange called AtomicDEX. My friend used to trade on that platform for a while and had nothing to complain about. However, the largest trade volume belongs to other exchanges - CoinBene and CoinEX, with each platform boasting around $300 thousand in daily trades. KMD has followed the path of all "old school" cryptocurrencies that emerged in 2017 or earlier. Having peaked at $12,89 in January 2018, KMD had dropped by 80% or so, and is now bouncing between $0,5 and $1.
If there's one blockchain project that ranks high on my list, it's definitely KMD. This coin is a fork of course, but it's original blueprint is that of Bitcoin's network. KMD is really reliable and a overall awesome project. The devs never keep the community guessing and they are always up front. If you're looking for a project with actual substance, then look no further than KMD.
Komodo has been on of those projects that I always speak highly of, but never buy it for some odd reason. It's so strange because KMD is such a solid project, yet I'm not knee deep in it. KMD is potentially one of the most secure blockchains besides bitcoin. This is because komodo uses delayed proof of work, which anchors its own blockchain onto that of bitcoins. This means that hackers would need to compromise BTC to compromise KMD. We all know this is economically impossible because it would require a sucessful 51% hack. No amount of money in the world could buy that much bitcoin.
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