Komodo tanks 25% after Binance announces delisting

  • Komodo price nosedives 25% amid Binance delisting news.
  • Binance also plans to delist Stella, LeverFi, Biswap, and LTO Network tokens on July 4, 2025.
  • LTO price fell alongside ALPHA and LEVER also tanked, but BSW was up more than 50%.

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

Binance, the world’s largest cryptocurrency exchange, plans to end support for trading for all spot pairs for Komodo, news that plunged KMD alongside other tokens facing delisting. The price plunge happened as daily volume spiked more than 400% to illustrate the panic selling that hit the altcoin.

Binance delisting sends Komodo price plummeting

On June 26, 2025, Binance announced it would delist several tokens, including Komodo (KMD), from its spot trading platform. The removal, effective at 03:00 UTC on July 4 2025, is down to the exchange’s periodic review process, which evaluates tokens based on trading volume, liquidity, and overall project activity.

“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.

According to the exchange, the delisting includes all spot trading pairs for KMD.

Binance has advised its users to cancel open orders and withdraw their KMD by October 4, 2025. The news triggered an immediate sell-off, with Komodo’s price dropping more than 25% within hours. Having traded above $0.085, the token’s value nosedived to hit lows of $0.055.

The chart below from CoinMarketCap shows this sharp decline, which accelerated amid a spike in the 24-hour trading volume to $5.68 million. Volume on the upward spin reflects heightened market activity as investors reacted to the announcement.

Komodo price chart by CoinMarketCap

Komodo’s market cap, currently at $8.42 million, means an extended decline ahead of the delisting is likely, with trading on Binance one of the big positives for small tokens. With liquidity dipping, it could be tough for KMD bulls.

LeverFi, Biswap, and LTO Network also tank

Komodo was not alone in facing the fallout from Binance’s decision.

The exchange also announced the delisting of Stella (ALPHA), Biswap (BSW), LeverFi (LEVER), and LTO Network (LTO), leading to significant price declines across these tokens. Overall profit-taking as seen with Pi Network and other coins did not help buyers.

LTO Network saw a 27% drop to $0.02, while LEVER was down 9% in 24 hours. ALPHA price fell 6%. However, BSW bucked the trend, with its price up 50% to $0.035 amid notable resilience.

The delisting of these tokens has raised broader concerns about the challenges faced by smaller projects in maintaining exchange listings, especially on major platforms like Binance.

The post Komodo tanks 25% after Binance announces delisting appeared first on CoinJournal.

Litecoin price prediction: Is LTC ready for a breakout after testing the $75 low?

Key takeaways

  • LTC has defended the $75 low, forming a double bottom in the process.
  • The coin could rally towards the next liquidity level at $95 soon.

LTC defends the $75 low, surges to $85

Litecoin’s LTC is recovering nicely from its recent slump and looks set to rally higher in the near term. The cryptocurrency is up 1% in the last 24 hours and now trades above $85 per coin.

The positive performance comes amid a strong recovery from the broader cryptocurrency market. The ceasefire deal between Iran and Israel saw over $200 billion added to the crypto market, with Bitcoin now trading above $107k.

Litecoin’s medium-term rally could also be boosted by the possible approval of a Litecoin ETF. Several firms have already filed for spot Litecoin ETFs with the SEC, and any news of an approval could serve as a big boost for LTC.

LTC targets $95 amid bullish technicals

The LTC/USD 4-hour chart is bullish but inefficient. The inefficiency means that LTC could likely retest a lower liquidity level before rallying higher. LTC could retest the $82 level over the next few hours before it resumes its upward movement.

LTC/IUSD 4H chart

The MACD lines currently read 0.72 after crossing into the positive zone earlier this week. The RSI of 58 also shows that buyers are regaining control of the market. If the bullish trend grows stronger, LTC could rally towards the $95 mark. 

However, Litecoin will need backing from the broader cryptocurrency market if it intends to surpass the $107 transactional liquidity level. 

LTC’s rally depends on the fundamentals of the broader market. If bears regain control on the back of another conflict in the Middle East, then LTC could retest the $75 low or even drop to the next support level at $66.

The post Litecoin price prediction: Is LTC ready for a breakout after testing the $75 low? appeared first on CoinJournal.

XRP price consolidates below $2.20 as whales halt sell-offs, breakout eyes $3.40

  • Whale-to-exchange transfers drop to zero.
  • CMF and MACD show bullish momentum.
  • Price could retest $3.40 or fall to $1.54 if demand fades.

XRP has spent most of the second quarter stuck below the $3.00 threshold, failing to register a meaningful breakout despite multiple attempts.

At the time of writing, the cryptocurrency is trading at $2.17, down by 0.32% in the last 24 hours.

XRP price
Source: CoinMarketCap

The price level marks a continuation of the range-bound movement XRP has hovered around since mid-April.

The prolonged consolidation comes as broader market volatility eases and investors await catalysts that could define price action in the third quarter.

Technical and on-chain indicators, however, suggest that XRP may be on the verge of a trend reversal.

With key metrics such as the MVRV Z-score signalling undervaluation, and whale sell-offs slowing to a standstill, market dynamics appear to be shifting.

If these developments persist, XRP could break its sideways trend and move towards retesting its previous highs from January.

Undervalued status based on MVRV Z-score

XRP’s current Market Value to Realised Value (MVRV) Z-score is at 2.13.

Historically, XRP has reached overbought levels when this metric moves between 3.45 and 6.72.

In January, for example, the Z-score stood at 6.65 when the token hit $3.25, followed by a price rejection and eventual correction.

Similarly, a failed recovery attempt in March also coincided with a relatively high Z-score.

These instances contributed to the token’s recent consolidation.

However, the current reading suggests XRP remains undervalued based on market conditions, and that the downward pressure from previous overvaluation periods may be easing.

If accumulation begins to build, a new rally could follow.

Whale activity hits zero as selling pauses

Large-scale holders, often referred to as whales, have historically played a major role in XRP’s price movements.

According to recent data from CryptoQuant, Whale-to-Exchange Transactions have dropped to zero.

Just two days earlier, there were 2,716 such transactions, indicating active selling pressure.

The drop to zero suggests that whales are no longer moving their holdings to exchanges, likely opting to hold instead of liquidating.

This pause in sell-offs could help stabilise XRP around the $2.17 level and position the cryptocurrency for potential upside.

Some of the sentiment shift may be attributed to macroeconomic expectations, particularly around monetary policy.

With speculation growing that the Federal Reserve may introduce interest rate cuts between July and September, investors are reassessing their exposure to risk assets.

If borrowing costs decrease, capital could flow back into the crypto market, including XRP.

Technical indicators support bullish setup

The daily price chart presents several technical signals that align with the bullish on-chain data.

The Chaikin Money Flow (CMF), an indicator of buying and selling pressure, has crossed above the zero line and is now approaching the upper boundary of a falling wedge pattern.

A breakout from this structure could confirm the beginning of a new uptrend.

The Moving Average Convergence Divergence (MACD) indicator has also flipped bullish, showing a crossover that supports upward momentum.

If this trend holds, XRP may surpass the resistance at $2.25 and move towards $2.69, which corresponds to the 0.236 Fibonacci retracement level.

Beyond that, if sustained volume supports the rally, XRP could attempt a retest of its January peak at $3.40 before the end of the next quarter. Should momentum continue, a new all-time high may be within reach.

However, a reversal remains possible if whale activity resumes or broader market demand softens.

In such a case, XRP could decline to the $1.54 level, aligned with the 0.618 Fibonacci support.

The post XRP price consolidates below $2.20 as whales halt sell-offs, breakout eyes $3.40 appeared first on CoinJournal.

Centrifuge (CFG) price signals breakout amid $1B RWA allocation

  • Centrifuge price hovers near $0.20 as the real-world asset (RWA) project gets a fresh boost.
  • Interest in Centrifuge’s innovative RWA Launchpad  has attracted institutional backing, with $1 billion allocated to a tokenized product on the platform.
  • CFG price could eye bounce to $0.5, highs last seen in December 2024.

Centrifuge (CFG), a real-world asset (RWA) tokenization platform, trades at a key level as recent gains see a bullish technical formation.

While CFG has pared gains seen earlier in the week, which came amid a 400% spike in volume on June 25, Centrifuge looks largely poised for a breakout.

Interest in the project amid its innovative RWA Launchpad, and significant institutional backing, may catalyse gains.

Centrifuge and a $1 RWA product

At the heart of Centrifuge’s recent success is the launch of its RWA Launchpad, a production-ready stack designed to streamline the tokenization of assets like credit, ETFs, and Treasury Bills.

Announced recently, the platform addresses the inefficiencies of manually rewriting contracts by offering plug-and-play extensions built on Centrifuge V3.

This modular infrastructure, as detailed by the Centrifuge team, allows asset managers to integrate investment flows seamlessly, bridging traditional finance and DeFi.

The timing couldn’t be better, as more institutional interest in RWA sees several projects attract attention.

One of these is the groundbreaking $1 billion tokenized product managed by Janus Henderson Investors.

The $1 billion allocation into a single tokenized product on Centrifuge is backed by a significant allocation from Sky Ecosystem through Grove Finance.

This move, building on Centrifuge’s earlier success with the Anemoy Liquid Treasury Fund, underscores its ability to attract major players, blending traditional finance with blockchain innovation.

Centrifuge CTO’s perspective is that v3’s focus on scalability and interoperability, particularly with EVM chains, is a big move.

“With Centrifuge V3, we’re building a truly chain-agnostic infrastructure, where issuers manage one fund across many chains, and investors access assets wherever they are,” he noted.

CFG price outlook

The Centrifuge narrative is one of innovation meeting opportunity.

The RWA Launchpad’s flexibility and the $1 billion milestone are not just technical achievements but catalysts for a broader financial revolution.

While the crypto market remains volatile, Centrifuge’s ability to merge real-world assets with onchain efficiency suggests a promising trajectory.

Institutional endorsement, as well as overall ecosystem growth are fundamental factors that could drive CFG prices higher. Notably, Centrifuge rose to highs of $0.5 in December 2024.

Hovering near $0.20 means that level might be a major target for buyers.

As of writing on June 26, 2025, CFG price is just in the green above $0.19.

The altcoin however is nearly 14% up in the past week.

The post Centrifuge (CFG) price signals breakout amid $1B RWA allocation appeared first on CoinJournal.