MOVE Token Soars 38% on Buyback, MoveX Upgrade, and New Staking Program Amid Surging Demand

MOVEUSDT has experienced a significant 38.25% price increase over the past 24 hours, rising from 0.1187 to 0.1641, according to Binance data. This surge is primarily attributed to recent positive developments including the Movement Network’s 10 million MOVE token buyback, the launch of the MoveX upgrade, and the introduction of a 12% APY staking program, all of which have tightened circulating supply and increased investor interest. Additional catalysts include the announcement of an exclusive new exchange listing and the mainnet phase launch, which introduced new DeFi and NFT features, further boosting demand and platform activity. Trading volume has also sharply increased, reflecting heightened market participation and renewed optimism following MOVE’s recent rebound from all-time lows. The current market environment for MOVE is characterized by strong upward momentum, high volatility, and elevated trading activity.