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Komodo (KMD) Surges 54% After Adding 13 More Tokens to Cross-Chain Protocol
Decentralised multi-chain platform Komodo has announced the addition of Polygon, Avalanche, Harmony, and 10 other chains to AtomicDEX, the announcement of which sent the KMD surging.
KMD is the native token of Komodo and was trading at US$0.45 on February 20 before pumping 54 percent to a daily high of US$0.68 on February 22.
Komodo to Launch NFTs
In addition to AtomicDEX adding support for 13 more blockchains, the increased price action for Komodo could also be due to the introduction of NFTs to its ecosystem. The upcoming launch of Cyber Komodos is a collection of 777 unique NFTs to be launched on the Tokel NFT platform on March 15.
Secure Bridge for Cross-Chain Swaps
Bringing further attention to Komodo is the swapping capability of AtomicDEX. Komodo offers secure and truly peer-to-peer cross-chain interoperability. This is a very attractive feature for crypto users as many cross-chain platforms have been exploited in hacks, such as the recent US$326 million Wormhole breach and US$3 million Multichain hack.
To learn more about AtomicDEX, see it in action in the video below:
Author
Caitlin Carey
Caitlin is a crypto evangelist with a deep curiosity and passion for learning and writing about everything to do with cryptocurrency. She has a background as a performing artist and songwriter and is a digital media enthusiast, with a bachelor degree in Multimedia.
