🚨Breaking! Coinbase to Suspend MOVE Trading, Cryptocurrency Price Plummets

Coinbase announced on platform X that it will suspend trading of the native token MOVE of the Ethereum Layer 2 network Movement around 2 PM on May 15, 2025.

Coinbase stated that it will regularly monitor assets to ensure compliance with listing standards, and this trading suspension is based on recent review results.

Once the news broke, the price of MOVE plummeted. According to CoinGecko data, MOVE dropped nearly 14% on that day, with the price falling to $0.2079, hitting a new all-time low.

MOVE was launched last December and has already experienced significant challenges. Previously, a market maker's sell-off incident caused a major uproar, with 66 million MOVE tokens being sold off, leading to a substantial price drop and a ban from Binance. This suspension of trading by Coinbase is undoubtedly adding insult to injury.

Currently, everyone is paying attention to the subsequent trading situation of MOVE on other platforms and whether the price can bottom out and rebound. If you hold MOVE, you should closely monitor market dynamics!

#Coinbase #Cryptocurrency #DigitalCurrency