Move is rapidly gaining momentum, and more investors are considering the $5 mark as the nearest target.
🔥 Reasons for the current growth
1. Growing interest in Move-based L2
The Move platform based on Ethereum attracts attention as a next-generation technological solution. The capabilities of smart contracts and security increase the trust of institutional and retail investors.
2. Stock and crypto markets in a 'risk-on' phase
The rise in risk appetite amid expectations of a Federal Reserve rate cut and favorable macroeconomic data is pushing altcoins up, including MOVE.
3. Social hype and increase in trading volumes
Social networks, trading communities, and media actively fuel interest in the token, which in turn attracts speculators.
📈 Target levels
• Short-term (1–2 weeks): $3.8–4.2
• Medium-term (3–6 weeks): $5
Upon breaking $5 and maintaining volumes, further acceleration to the $6–6.5 zone is possible.
