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Komodo tanks 25% after Binance proclaims delisting – CoinJournal

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  • Komodo price nosedives 25% amid Binance delisting information.
  • Binance additionally plans to delist Stella, LeverFi, Biswap, and LTO Community tokens on July 4, 2025.
  • LTO price fell alongside ALPHA and LEVER additionally tanked, however BSW was up greater than 50%.

Komodo (KMD), a privacy-focused blockchain platform, noticed its token price plummet by greater than 25% to commerce at lows of $0.06, with this coming amid a significant delisting announcement.

Binance, the world’s largest cryptocurrency change, plans to finish assist for buying and selling for all spot pairs for Komodo, information that plunged KMD alongside different tokens dealing with delisting. The price plunge occurred as day by day quantity spiked greater than 400% as an instance the panic promoting that hit the altcoin.

Binance delisting sends Komodo price plummeting

On June 26, 2025, Binance introduced it could delist a number of tokens, together with Komodo (KMD), from its spot buying and selling platform. The elimination, efficient at 03:00 UTC on July 4 2025, is down to the change’s periodic overview course of, which evaluates tokens primarily based on buying and selling quantity, liquidity, and total venture exercise.

“When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” Binance wrote.

In line with the change, the delisting consists of all spot buying and selling pairs for KMD.

Binance has suggested its customers to cancel open orders and withdraw their KMD by October 4, 2025. The information triggered a right away sell-off, with Komodo’s price dropping greater than 25% inside hours. Having traded above $0.085, the token’s worth nosedived to hit lows of $0.055.

The chart under from CoinMarketCap exhibits this sharp decline, which accelerated amid a spike within the 24-hour buying and selling quantity to $5.68 million. Quantity on the upward spin displays heightened market exercise as buyers reacted to the announcement.

KMD 1D graph coinmarketcap
Komodo price chart by CoinMarketCap

Komodo’s market cap, presently at $8.42 million, means an prolonged decline forward of the delisting is probably going, with buying and selling on Binance one of many large positives for small tokens. With liquidity dipping, it may very well be robust for KMD bulls.

LeverFi, Biswap, and LTO Community additionally tank

Komodo was not alone in dealing with the fallout from Binance’s resolution.

The change additionally introduced the delisting of Stella (ALPHA), Biswap (BSW), LeverFi (LEVER), and LTO Community (LTO), resulting in vital price declines throughout these tokens. Total profit-taking as seen with Pi Community and different cash didn’t assist patrons.

LTO Community noticed a 27% drop to $0.02, whereas LEVER was down 9% in 24 hours. ALPHA price fell 6%. Nevertheless, BSW bucked the pattern, with its price up 50% to $0.035 amid notable resilience.

The delisting of those tokens has raised broader issues in regards to the challenges confronted by smaller tasks in sustaining change listings, particularly on main platforms like Binance.

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