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Movement Price

(MOVE)

$0.01075
0.00%(5m)

1m5m15m1h8h1d1W
Movement (MOVE) Live Price Chart

    Movement Live Price Data

    The live price of Movement is 0.01075, with a total trading volume of 699629 in the last 24 hours. The price of Movement changed by +0.74% in the past day, and its value has decreased by -3.93% over the last week. With a circulating supply of 4.17B MOVE, the market cap of Movement is currently 44784566.13793516945741485900 , marking a +0.74% increase today. Movement currently ranks #418 in market cap.

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    Note: This data is for reference only.
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    MOVE(MOVE) Profile

    altRank418
    rate--
    Expand
    $0.01059
    $0.0108

    ATH
    $1.44898514
    Price Change (1h)
    +1.12%
    Price Change (24h)
    +0.74%
    Price Change (7d)
    -3.93%
    Market Cap
    24h Volume
    Circulating Supply
    4.17B
    Max Supply
    10B

    About Movement

    • What Is Movement (MOVE) Crypto?

      Movement Network (MOVE) is an Ethereum Layer-2 blockchain that enhances scalability and security. It uses the Move programming language, developed by Meta, to offer high transaction throughput and near-instant finality.

       

      MOVE is the native utility token of the Movement Network ecosystem. It serves several functions:

       

      1. MOVE Staking Rewards: Validators earn MOVE tokens for securing the network.

      2. Gas Fees: Users pay transaction fees on the network using MOVE.

      3. Governance: Token holders participate in decision-making processes.

      4. Collateral and Payments: MOVE facilitates various applications within the network.

       

      In December 2024, Movement Network launched its mainnet beta and distributed 1 billion MOVE tokens through an airdrop to early users. Major exchanges like KuCoin support MOVE trading.

       

      By integrating Move's security features with Ethereum's ecosystem, Movement Network aims to provide a more efficient and secure platform for decentralized applications (dApps).

    • How Does Movement Network Work?

      Movement Network (MOVE) is a blockchain ecosystem that enhances Ethereum's capabilities. It uses the Move programming language, known for its security and efficiency.

       

      MOVE operates as an Ethereum Layer 2 solution, processing transactions off the main Ethereum chain to increase speed and reduce costs. It employs a decentralized shared sequencer for fair and efficient transaction ordering.

       

      By integrating Move's security features with Ethereum's ecosystem, Movement Network aims to offer a more secure and efficient platform for decentralized applications.

    • History of Movement Foundation and MOVE Coin

      Movement Network (MOVE) is a blockchain platform that enhances Ethereum's performance using the Move programming language. Founded by Rushi Manche and Cooper Scanlon, Movement Labs leads its development.

       

      Key Milestones

      1. Funding: In May 2024, Movement Labs raised $38 million in a Series A round led by Polychain Capital.

      2. Testnet Launch: The public testnet, Parthenon, launched in Q2 2024.

      3. Mainnet Launch: The mainnet went live on December 9, 2024, introducing the MOVE token.

       

      Roadmap Highlights

      1. Fast Finality Mechanism: By late 2024, Movement Labs aims to implement a mechanism achieving transaction finality in under one second.

      2. MoveStack and Shared Sequencing: Post-mainnet, plans include deploying MoveStack and shared sequencing to enhance scalability and interoperability.

       

      Movement Network continues to develop, focusing on security, performance, and user experience in decentralized networks.

    • What Is MOVE Token Used for?

      The Movement Network's native token, $MOVE, serves several key functions:

       

      1. Staking: Validators stake $MOVE to secure the network and earn rewards.

      2. Transaction Fees: Users pay network transaction fees with $MOVE.

      3. Governance: $MOVE holders can propose and vote on network changes.

       

      You can trade Magic Eden tokens on KuCoin Spot Market using supported pairs like ME/USDT. Ensure you have the appropriate currency (e.g., USDT) in your account for such trades.

    • What Is Movement Network Tokenomics?

      The Movement Network's native token, $MOVE, has a total supply of 10 billion tokens. At launch, approximately 22% of these tokens are in circulation.

       

      MOVE Token Allocation

      1. Ecosystem and Community (40%): Supports staking rewards, ecosystem development, and user incentives.

      2. Initial Claims (10%): Distributed through airdrops like MoveDrop to early users.

      3. Foundation (10%): Funds ongoing operations of the Movement Network Foundation.

      4. Early Contributors (17.5%): Rewards team members involved in development and strategy.

      5. Early Backers (22.5%): Allocated to strategic investors who provided financial and advisory support. 

       

      Learn more about Movement (MOVE) tokenomics in our research report.

    FAQ

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    • How to Stake MOVE Tokens on Movement Network

    • What is the all-time high price of Movement (MOVE)?

    • What is the all-time low price of Movement (MOVE)?

    • How much Movement (MOVE) is there in circulation?

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