KMD Token Faces 53% Monthly Drop Amid Delisting Announcement, Market Cap Falls to $8.8M

Komodo (KMD) experienced a 5.43% price decline over the past 24 hours, with the current price at $0.0557, down from a 24h open of $0.0589. This recent price drop is primarily attributed to Binance’s announcement on June 26, 2025, regarding the upcoming delisting of KMD and the KMD/USDT trading pair, scheduled for July 4, 2025. The delisting news led to a sharp selloff, resulting in a 25% price decrease shortly after the announcement and continued downward pressure as traders reacted to reduced liquidity and market access. As of June 28, 2025, KMD’s market cap stands at approximately $8.8 million with a circulating supply of about 135.95 million KMD. The asset has experienced heightened volatility, a 24.41% decline over the past week, and a 53.11% drop over the past month, reflecting persistent bearish sentiment and risk aversion following the delisting announcement.