MOVE's movement on the chart remains uncertain, but will this change soon?
Movement (MOVE) reached its all-time high of $1.45 on December 10, 2024, rising in tandem with the market as bulls dictated pace. However, with top coins slumping to multi-month lows in recent weeks, MOVE bucked the trend to hit an all-time low of $0.37.
Last week's broader market downturn sent many altcoins tumbling, and Movement's native token MOVE was no exception. On Tuesday, the token plunged to an all-time low (ATL) as selling pressure intensified.
After a brief pullback, the crypto markets gain back momentum as the selling pressure over the tokens reduces. While the top altcoins like ETH, SOL, LTC, etc.
The crypto market experienced a sharp decline over the last 24 hours, with Bitcoin dipping below $87,000 at its lowest point. While some altcoins managed to hold steady, others faced significant drawdowns, reaching new all-time lows and extending investor losses.
TRON and Movement Labs assert $TRX and $MOVE holdings were acquired via standard market transactions. WLFI holds significant assets, including Ethereum, USDC, Chainlink, AAVE, TRON, and Uniswap.
TRON's TRX is the second largest holding in World Liberty Financial's wallet.
Representatives from TRON and MOVE, two of the protocols whose tokens are being held by the treasury of World Liberty Financial (WLFI), have come out to deny they entered a token swap agreement with the Trump-linked DeFI project. Blockworks first reported that World Liberty Financial has been offering blockchain teams a token swap deal.
A report alleges that projects were pitched on a $10 million - $15 million buy-in on the Trump-backed project.
Alchemy Pay has integrated the MOVE token from Movement Network onto its fiat on-ramp solution.
After a recent market crash triggered by the Chinese AI model Deepseek, the crypto market is slowly recovering as Bitcoin price is back to $105K with the overall crypto market seeing a rise of 2%.
The cryptocurrency market has extended its decline, with the total market capitalization dropping by another 1% today.
Neither the developing team behind the Movement protocol nor Elon Musk have made any comments about the rumors.
SHIB experienced a 1500% increase in token burns, removing 33.01 million tokens from circulation while trading at $0.00002264, as the ecosystem prepares for the TREAT token launch and continues Shibarium development.
Crypto prices today are showing bearish momentum as Bitcoin (BTC) fell below $96,000. BTC and ETH ETFs have also seen outflows after a long positive streak.
An influential cryptocurrency analyst on Monday identified Solana (CRYPTO: SOL) and Toncoin (CRYPTO: TON) as the next contenders to reach new all-time highs, following the accomplishments of Bitcoin (CRYPTO: BTC). What happened: JA Maartunn, a well-known market observer and contributor at on-chain analytics firm CryptoQuant, called Solana a “standout,” underscoring that the cryptocurrency was just 8% away from its peak of $263.21.
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