KMD Token Surges 22% After Delisting Announcement, Trading Volume Soars Amid High Volatility

Komodo (KMD) experienced significant price volatility in the last 24 hours, primarily driven by Binance’s announcement that it will delist the KMD/USDT trading pair and end support for KMD on multiple services effective July 4, 2025. This news initially triggered a sharp selloff and a price drop of over 22% as traders reacted to the anticipated loss of exchange liquidity and support. However, according to the latest Binance data, KMD rebounded to a current price of $0.0699, up 22.20% from the 24-hour open of $0.0572, indicating strong trading activity and speculative interest following the initial decline. The 24-hour trading volume remains elevated, ranging from $4.74 million to $11 million across platforms, while the market capitalization stands at approximately $8.8 million with a circulating supply of 135,954,000 KMD. Overall, KMD’s market is characterized by high volatility and increased trading volume in response to the delisting announcement.