The world's largest cryptocurrency exchange, #Binance , added a new one to its frequent #Altcoin announcements today.

In this context, Binance announced in its latest announcement that it will support the network upgrade and hard fork of the altcoin named #Komodo ( #KMD ).

Binance included the following statements in its announcement:

“Binance will support Komodo (KMD) network upgrade and hard fork.

Komodo (KMD) network upgrade and hard fork will take place approximately on 30.06.2023 at 13:37 UTC.

KMD deposits and withdrawals will be suspended as of approximately 13:00 UTC on 30.06.2023.

KMD trading will not be affected during the network upgrade and hard fork.

Binance will fulfill all relevant technical requirements for all users who hold KMD in their Binance accounts.

The Komodo (KMD) network upgrade and hard fork will not result in the creation of new tokens.

“We will reopen deposits and withdrawals for KMD once we consider the upgraded network to be stable.”

Komodo, which experienced an increase of approximately 10% after Binance's announcement, shot up to $0.265. However, KMD, which gave back some of its gains, is trading at $ 0.255 at the time of writing.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. WITH RESPECT. MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.