The MOVE project plans to distribute 500 million tokens through Binance's Launch Pool program, allowing users to stake BNB, USDC, and FDUSD to receive rewards in MOVE. The entire number of tokens mentioned above has been transferred to Binance; however, an official announcement has not yet been released.
This could be positive information for investors holding BNB, as there is an opportunity to receive an airdrop. However, for those holding MOVE, the impending release of 500 million tokens (equivalent to approximately 83.5 million USD) may create selling pressure and impact the token's price in the short term.