Bitcoin Forum

I believe in the potential of Komodo coin not only in the development of their technology but the potential of the value to rise higher. My question is do you believe it will rise and go back to its price before and will it go break the All Time High this year? What's your thought?

well
Komodo
China’s Ministry ranked Komodo in the top 5 projects, alongside Etherum, Steem, Lisk and Neo.
also with dICO DApp make this platfrom different.
however , this platform, still not get too much attention from investors.
i dont think the price will touch ATH on end of the year.
if u know, 15.41 its the higher price .

if we are talking about its potential in term of tech,of course everbody will believe it because it's the most advanced technology second to ETH(in my opinion) but if we are talking about its potential in term of price for this year,i think it's quite impossible because we are moving downwarnd and it's very imposibble to reach its ATH again or even breaking its ATH.
the reason why it's quite impossible because our total Market Cap is declining,we need it to reach at least $1 Trillion to reach that level,
in other word Bitcoin need to reach at least $15.000.
our current price is $2.5 and its ath is $13,so we need it to move at least 6 times from its average price.
so i say it is quite impossible.

Any coin can recover to their all time high if only Bitcoin does the same.
By the way, Komodo's developers are very active on Github, they always make improvements to their project which is a good sign

Looking at the current market situation, I don't think we will see a new ATH soon even if they release some big positive news.
But I agree, Komodo seems to be an interesting project with active developers.

It will be so difficult or even it's impossiblem, bitcoin should worth a lot to make KMD will be breaking its ATH again in the future but i just getting a lot of pessimism caused by the price of the bitcoin goes low and low everyday. I know that but KMD's price is depend on the bitcoin and it should be the first rule.

Of course it mostly depends on the whole market conditions. But Komodo is close to reach 1 million transactions per second which will be huge achievement. Some details about testing KMD's blockchain scalability: https://i.mylomylo.com/komodo-blockchain-scaling-1-million-tx-per-second-stats-prep-etc/

Now Komodo has fallen very heavily in price, so you definitely should not sell your tokens. I think that this token will definitely grow in the future, but you need to have patience as it will be necessary to wait at least 1 year.

This coin has a huge potential, but you need to understand that the all time high was five times higher  than what the actual price is. So i dont think that it will happen anytime soon, so just stop trying to see it happening soon.

Althouhg I don't know much about KMD but seem like it's a really good cryptocurrency :). You shouldn't worry about a good cryptocurrency cause it'll rise back asap when it has chance :). But don't hope that it'll be able to do that too early cause at first BTC and ETH need to rise back first then it'll be KMD and all other cryptocurrencies' turn :)

It has a big potential but they couldn't use it yet. I think we have to wait until next altcoin rally to see Komodo in higher value. I hold my coins for long term, I believe it will be successful next years. There is too much to do for the team though.