$MOVE 🔥 The MOVE token shows a mixed trend according to the consulted sources. On one hand, there is a 20.67% increase in the last 24 hours, with a current price of $0.1985. However, other sources indicate a 16.5% drop in the last 24 hours due to the suspension of the token's trading on Coinbase starting May 15, which has generated uncertainty in the market.

*Key details:*

- *Current price*: $0.1985 or $0.20 according to different sources

- *24-hour variation*: 20.67% increase or 16.5% drop

- *Market capitalization*: $496.39 million

- *24-hour trading volume*: $588.28 million

*Reasons for the trend:*

- The suspension of trading of the MOVE token on Coinbase due to alleged irregularities in agreements with market makers and price manipulation

- The independent investigation initiated by the Movement Network Foundation regarding the agreement between Movement Labs and Web3Port

- The drop in the price of the MOVE token in December 2024 after an alleged massive liquidation of tokens by Web3Port

*Related news:*

- Binance banned Web3Port after detecting a liquidation of approximately $38 million in MOVE tokens

- Movement Labs suspended its co-founder Rushi Manche in relation to the incident.