Movement (MOVE) Token Hits All-Time Low Following Coinbase Delisting
- Coinbase will end trading support for Movement (MOVE) on May 15th.
- The MOVE token’s price fell to an all-time low of $0.185.
- Binance previously banned a market maker associated with Movement in March.
- The market maker sold approximately 66 million MOVE tokens, profiting $38 million in USDT.
- Movement uses the Move programming language, initially developed for Meta’s Diem project.
The Ethereum-based layer-2 project Movement (MOVE) saw its token price plummet to $0.185 after Coinbase announced it would cease trading support on May 15th. This follows Binance’s action against a market maker that profited $38 million from selling MOVE tokens.
Source (2.6)https://dailyhodl.com/2025/05/02/movement-move-plummets-after-top-us-crypto-exchange-coinbase-axes-support-for-the-layer-2-project/?rand=59076
