Komodo (KMD) Price Soars +60% in 24 Hours: Know Why?

Komodo (KMD) Price Soars +50% in 24 Hours: Know Why?

POSTED: 25-AUGUST -2023 Nilesh Hembade

$KMD, the native token of Komodo, an open-source technology provider, has been surging today.

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Over the last 24 hours, the KMD token has surged by an impressive +60.0%, outperforming major cryptocurrencies.

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The KMD token is being traded at $0.31, contributing to a market capitalization of approximately $41,941,300

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A significant factor behind the surge is the recent updates from Komodo on 23 August.

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Komodo has announced that Komodo Wallet is now live on their premier decentralized platform (Electra Protocol) for Wrapped XEP to XEP swaps. [Source]

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These recent updates from Komodo have sparked the price of the KMD token today.

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Disclaimer: The information provided regarding cryptocurrencies is for general informational purposes only. It is not intended as financial or investment advice.

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