KMD Token Surges 14.85% Amid Volatile Trading Following Binance Delisting Announcement and Sell-Offs
The recent sharp price movements in Komodo (KMD) are directly attributed to the announcement of its upcoming delisting from Binance, scheduled for July 4, 2025. This news triggered significant sell-offs, with KMD’s price initially dropping from above $0.085 to lows near $0.055, followed by a partial rebound. The heightened volatility and increased trading volume reflect traders’ reactions to the delisting, as many sought to exit or reallocate positions ahead of service discontinuation.
Currently, KMD is trading at $0.0642 with a 24-hour price increase of 14.85% from a 24-hour open of $0.0559, and 24-hour trading volume has surged to $11,013,996.88. The market remains highly volatile, with sentiment influenced by the impending delisting and associated liquidity concerns.