MOVE Token Surges 33% as 38 Million Buyback and 83 Million Withdrawal Ignite Bullish Momentum
MOVEUSDT experienced a significant price increase of 33.13% over the last 24 hours, rising from 0.1494 to 0.1989 on Binance. This sharp upward movement is primarily attributed to the recent buyback activity, where Movement repurchased 38 million MOVE tokens as part of an ongoing buyback plan, and the withdrawal of 83 million MOVE from Binance on June 24, 2025. The completion of over half of the buyback commitment, combined with MOVE being highlighted among top market gainers and positive sentiment from broader crypto market optimism, contributed to increased investor interest and trading volume. The current price of 0.1989 reflects strong bullish momentum, outpacing broader market benchmarks and signaling heightened demand for MOVE following ecosystem developments and ongoing token management initiatives.