Cryptocurrency is today’s reality and tomorrow’s regular. We must expand our knowledge about the subject as it is today’s need. In this article, we’re discussing crypto that is a good start to our path to expand our knowledge, Komodo. This article will cover all the points, what is the Komodo platform? What’s Komodo Price Prediction for 2021? Can KMD reach $1?
Well, let’s find out…
Komodo Price Prediction
As numbers matter the most, let’s look at Komodo Price Prediction by different analysis platform to determine its future,
- Digital Coin Price predicts that Komodo will end 2021 with $1.43 as its value.
- WalletInvestor says that in the next year, the token has the ability to cross $1.50 mark. And in the next 5 years, its value can stand at $3.5.
- Trading Beasts forecasts that KMD will trade around $0.957 near the end of 2021. The analytics also says that KMD can end 2022 with $1.131 as its price.
Can KMD reach $1?
At the time of writing this article, KMD is trading at $0.853 with a negative growth of 1.5%. The above predictions are pointing out that KMD will reach $1 in the coming months. Even if keeping predictions aside, KMD’s current value is very close to $1 mark. The negative growth is not alarming. Hence it is possible that after a certain time KMD will reach $1.
What’s Komodo?
- Komodo is a decentralized blockchain-based platform that enables businesses to create their own blockchains.
- The platform works on security and scalability.
- Zcash launched the platform in 2014. It is the same Zcash which is a soft fork of Bitcoin. Hence, Komodo’s technology is a mix of both Zcash and Bitcoin.
- KMD is the native token to the platform which is used to pay the charges on the platform.
- It is listed with the exchanges like Binance, HitBTC, Upbit, and Bione
KMD will reach $1 in the coming times as what Komodo price prediction has indicated. But the crypto market is highly volatile. So, own research is needed to jump the hurdle of volatility.
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