#MOVE

Closed short

Added two long positions with 10x and 20x

🔍 $MOVE (Movement Network)

📌 Main Information

• Name: Movement (MOVE)

• Current Price: $0.1668

• Market Capitalization: $425 million

• Trading Volume (24h): $35.3 million

• Circulating Supply: 2.55 billion MOVE

• Max Supply: 10 billion MOVE

• All-Time High: $1.45 (December 2024)

• All-Time Low: $0.154 (May 2025)

• Decrease from ATH: ~88%

• Decrease over the month: ~33%

🧩 Token Purpose

• Network: Movement Network — L2 solution on Ethereum using MoveVM

• Utility:

• Payment of fees (gas) in the Movement network

• Staking to secure and finalize transactions

• Participation in governance through voting

• Use in DeFi applications as a means of liquidity and collateral

📊 Tokenomics and Distribution

• Max Supply: 10 billion MOVE

• Initial Circulation: ~22.5% (2.25 billion)

• Distribution:

• 40% — ecosystem and community (grants, staking, liquidity)

• 10% — initial claims (MoveDrop, etc.)

• 10% — Movement fund

• 17.5% — early contributors

• 22.5% — early investors

Token unlock is scheduled for 60 months, which reduces price pressure.