Komodo gained on Monday despite other markets taking significant dips. News that it would include support for 13 blockchains boosted its price. It also announced plans to collect NFTs.
Komodo has continued to rally despite a slight fall on Tuesday. This guide provides all the information you need to make a decision about whether or not to buy Komodo.
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What is Komodo exactly?
Komodo refers to itself as an open, modular multi-chain platform. Komodo, a pioneer in multi-chain architecture in blockchain, has its roots back to 2014.
Komodo is a company that provides business-friendly, secure, scalable and interoperable blockchain solutions.
The Antara framework, Komodo’s current technology suite offers tools for blockchain development.
This Smart Chain includes an application-specific, customizable Smart Chain that has a variety of modules and an API for building Blockchain-based applications.
Do I need to buy Komodo right now?
Komodo can be a profitable investment. But before you make a commitment, take the time to review at least three price predictions by top analysts and market research.
Komodo price prediction
Komodo’s price prediction is optimistic. They predict a minimum price of $1.08 in the next year. It could reach $1.29 and trade for $1.11 per year.
1 KMD will be worth at least $1.60 in 2024. With an average trading price $1.64, it can reach $1.88. It will surpass $2 in the next year. It will be worth $2.42 at the minimum in 2025.
Komodo on social media
⚠️#KMDThe 12h tried a BREAKOUT over its resisting trend-line recently and is now on EXTREME WATCH in the hopes that it will succeed! With a break $KMDWill be able to push approximately +63% to reach first target at $0.9209, and has the potential for rapid movement!!#Komodo https://t.co/BlZn4poiiW pic.twitter.com/Gzi3qy9HvO
— JAVON MARKS (@javonnnm) February 20, 2022