KMD Token Surges 13.8% After 25% Drop Amid Delisting News, $11M Volume Signals Volatility

Komodo (KMD) experienced significant price volatility following the announcement that Binance will delist the KMDUSDT trading pair, with trading scheduled to end on July 4, 2025. The initial market reaction to the delisting news was a sharp 25% decline in KMD’s price, reflecting heightened risk concerns and negative sentiment among market participants. However, in the most recent 24 hours, KMD’s price rebounded by 13.83%, rising from $0.0564 to $0.0642 on Binance, likely driven by speculative trading and increased activity as traders respond to the upcoming delisting timeline. Trading volume reached approximately $11 million, and the market cap stands near $8.8 million, with a circulating supply of about 135.95 million KMD. Despite the short-term recovery, KMD remains under pressure, having declined over 24% in the past week and more than 50% in the past month, indicating sustained volatility and cautious market sentiment.