Komodo Rises 67.87% in One Hour to $0.010589 on Oct. 21

Komodo (KMD) rose 67.87% in one hour to $0.010589 on Oct. 21, a sharp price move alongside 24-hour trading volume of just $186.92.

KMD was up 74.38% over 24 hours in the same market snapshot. Its daily range ran from $0.00599023 to $0.010589, putting the one-hour price reading at the top of that range. The hourly and daily gains measure changes over different periods.

Market capitalization stood at $888,264. That figure represents the market value of tokens in circulation; trading volume measures the value exchanged during a specified period. Here, less than $200 changed hands over 24 hours even as KMD recorded a double-digit hourly gain. The price change and trading volume describe separate parts of the market, and neither figure shows how many trades took place.

Komodo is a cryptocurrency project focused on interoperability, which allows blockchain systems to work with one another. The figures capture one market reading on Oct. 21, rather than a closing price for the day.