About Movement

MOVE price has dropped 28% in the past week and is currently trading at just 4% above its all-time low amid an ongoing third-party investigation into suspicious market maker activity involving the token on Binance.

$MOVE token decreased more than 80% from its all-time high following its December launch. Movement Network addressed market manipulation concerns with a $38M buyback initiative. Despite the downturn, REX Shares and Osprey Funds filed for a $MOVE ETF, and ecosystem metrics showed $120M in TVL with growing DEX volume. The post $MOVE Token Tests New Lows as ETF Bets and Buyback Plan Offer Slim Relief appeared first on Cryptonews.

Movement Labs and the Movement Network Foundation have launched a formal internal investigation into market maker misconduct surrounding their native token, MOVE.

Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” following market maker irregularities last month.

While the crypto market started the week on a bearish note, upcoming developments may signal a potential turnaround. Several altcoins have key external factors supporting their price movement, offering investors opportunities for growth.

Movement Network (MOVE) has been gaining attention after announcing a $38 million buyback in response to improper activity by a Binance market maker. Despite the corrective phase that followed its sharp price spike, MOVE is still up over 13% in the last seven days.