KMNO Token Surges 10.23% on Technical Breakout, Hits $25.8M Volume and 23% Weekly Gain

KMNO/USDT experienced a 10.23% price increase over the last 24 hours, rising from 0.06411 to 0.07067, with the move primarily attributed to a technical breakout above key moving averages (MA7, MA25, MA99), increased trading volume, and a buy-side order book dominance above 55%. Recent news highlights strong technical performance, including a successful flip of resistance into support and a 23% weekly gain, which has driven heightened investor interest. The token’s central role in the Kamino Finance ecosystem, ongoing staking incentives, and active governance participation have further supported demand. As of June 16, 2025, KMNO maintains a robust market presence with a 24-hour trading volume of $25.8 million and a market cap of approximately $147 million, ranking #263 on CoinMarketCap. While short-term sentiment remains positive, forecasts suggest potential price consolidation in the coming week.