#BTCRebound ⭐️⭐️⭐️$MOVE plummets with a series of bad news overnight

1. Coinbase announced it will stop trading $MOVE on May 15 -> the main reason causing panic and sell-off.

2. Allegations of price manipulation spreading on X have severely eroded community trust.

3. Movement Labs is embroiled in internal turmoil, related to governance and market makers.

4. Strong FUD as the project has not launched its mainnet but has already issued tokens.

5. Trauma from the 66M $MOVE sell-off by Web3Port Labs in December 2024

$MOVE has now lost 80% of its value from ATH, on-chain is almost "frozen"

TRUMP's team was very enthusiastic about shilling $MOVE, there will likely be some movement with $MOVE in the short term #Move