KMD Token Surges 15% After 25% Drop Amid Binance Delisting News—$9M in 24h Trading Volume

Komodo (KMD) experienced significant price volatility following the announcement that Binance will delist KMD, with spot trading ending on July 4, 2025. The initial news led to a sharp sell-off and a price drop of approximately 25% as users reacted to the upcoming loss of access on a major exchange, prompting increased trading activity and outflows. However, in the last 24 hours, KMD has rebounded, with the Binance price rising to $0.0702 from a 24h open of $0.0608, marking a 15.46% increase. The current 24-hour trading volume is around $9.18 million, and market capitalization estimates range from $8.4 million to $17.6 million, reflecting ongoing volatility and market adjustment to the delisting news.