$MOVE – A Major Highlight of 2024

$MOVE by @movementlabsxyz has become one of the most talked-about projects of 2024, raising over $42M in funding by May, with @BinanceLabs leading its latest round. By December, $MOVE was listed on major CEXs like Binance, OKX, and Bybit, accompanied by a TGE announcement.

The token debuted on Binance at $0.02, reaching an ATH of $1.4 shortly after, marking a 7000% gain and achieving a $2B market cap and $9B FDV. Even buyers post-listing saw significant returns, with 2x gains in their holdings.

Airdrops and Community Rewards

The project allocated 40% of its tokenomics to Ecosystem & Community, rewarding early users with 3,000–15,000 $MOVE tokens, valued up to $15,000 per individual. This made $MOVE one of the largest airdrops of the year, standing out after the letdowns of $ZK and $HMSTR.

The Movement Ecosystem

Movement Labs drives innovation with two main products:

  • M1: A Layer 1 blockchain using the Move programming language, currently a testnet subnet of Avalanche.

  • M2: A Layer 2 blockchain built on Ethereum and other Move-compatible Layer 1s.

Believing in Move’s superiority over Solidity and Rust, Movement Labs also offers tools like the Movement Sequencer for Layer 2 and the Movement SDK/CLI for developers.

Key Features of the Movement Network

  • High throughput: 30,000+ TPS via Block-STM’s parallel processing.

  • Enhanced security: Smart contract safety with Move to prevent common attacks.

  • Fractal interpreter: Enables Solidity contracts to compile on MoveVM, allowing interoperability with EVM applications.

  • Custom rollups: The Movement SDK facilitates tailored high-throughput rollups.

  • Ecosystem growth: Over 60 dApps live on testnet, with $600M+ in TVL expected at mainnet launch.

$MOVE Token Allocation

  • Ecosystem & Community: 40%

  • Early Backers: 22.5%

  • Early Contributors: 17.5%

  • Initial Claims: 10%

  • Foundation: 10%

BNB HODLer Airdrops: A Missed Opportunity

$MOVE was part of the Binance BNB HODLer Airdrop program, rewarding users retroactively based on BNB balances. The eligibility period ran from December 2 to December 5, days before the announcement. Subscribing BNB to Simple Earn Flexible or Locked products ensures automatic qualification for future airdrops, Launchpool, and Megadrop rewards.

To avoid missing out next time, stake your BNB on Binance now. Earn 4% APR while qualifying for all rewards programs, including the coveted BNB HODLer Airdrops!