The KMD (Komodo) currency has experienced an explosion in its value due to several factors:
1. Technical Developments ๐ป๐: Significant improvements in security and privacy within the Komodo network have attracted the attention of the community and investors.
2. Increased Community Interest ๐๐: If there are strong marketing campaigns or increased interest from communities on social media platforms.
3. Partnerships and Integrations ๐ค๐ก: The currency has become part of major partnerships or new applications, leading to increased demand for it.
Regarding the reason for the removal of KMD from the Binance platform, it is often due to several factors:
1. Low Liquidity Level ๐ง๐: If the currency's liquidity is very low, the platform may decide to remove it.
2. Unjustified Fluctuations ๐โก: Sharp price fluctuations without technical support or a special news item may be a reason for its removal.
3. Organizational Issues โ๏ธ๐ซ: There may be legal or regulatory issues related to the currency.
4. Performance Reviews ๐โ : Binance may have conducted a comprehensive evaluation and decided that the currency did not meet the required standards.
Simply put, the removal of the currency from the platform is related
Several criteria and precise assessments include:
In summary, the reasons for the KMD explosion include:
1. Technical Improvements ๐
2. Increased Community Interest ๐
3. New Partnerships ๐ค
As for the reasons for its removal from Binance, they include:
1. Low Liquidity Level ๐ง
2. Unjustified Price Fluctuations ๐
3. Organizational Issues โ๏ธ
4. Weak Performance ๐
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