KMD Surges 15.68% After Binance Monitoring Tag Spurs Volatility and Trading Volume Spike

In the last 24 hours, Komodo (KMD) experienced notable price volatility following the announcement on June 5, 2025, that Binance added KMD to its Monitoring Tag, which requires traders to complete a risk awareness quiz and subjects the token to ongoing eligibility reviews. This development has heightened market attention and may have contributed to increased trading activity and price fluctuations, as market participants react to the elevated scrutiny and the possibility of future delisting if criteria are not met.

Currently, KMD is trading at $0.1018 on Binance, reflecting a 15.68% increase over the past 24 hours with a 24-hour opening price of $0.0880. The trading volume remains active, and the market capitalization stands at approximately $12.5 million, ranking KMD at #1004. This recent price movement marks a recovery from the previous sharp decline, which saw the price drop to $0.092010, and contrasts with earlier forecasts that projected a more modest near-term growth. The primary driver of recent volatility appears to be the heightened market response to Binance’s monitoring announcement and the associated risk considerations.