MOVE Token Surges 39.98% After Strategic Buybacks and Mainnet Launch, Volume Hits $50M+

MOVE/USDT experienced a significant 24-hour price increase of 39.98%, rising from 0.1153 to 0.1614, as reported by Binance. This sharp rebound is primarily attributed to recent strategic buybacks by the Movement Network Foundation, which have tightened the token’s circulating supply and renewed investor confidence following a recent market correction. Additional contributing factors include the launch of the Movement mainnet phase, new incentive programs such as the DeFi Spring Program, and growing institutional and retail interest ahead of a major exchange listing for spot trading.

Currently, MOVE trades at 0.1614 with a 24-hour trading volume of approximately $50.65 million, a circulating supply of about 2.4 billion tokens, and a market capitalization near $1.09 billion. The asset’s recent surge reflects strong market activity, increased demand, and proactive ecosystem developments supporting its price recovery.