{"id":33374,"date":"2025-06-24T10:31:54","date_gmt":"2025-06-24T10:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33374"},"modified":"2025-06-24T10:31:54","modified_gmt":"2025-06-24T10:31:54","slug":"movement-crypto-shines-as-move-spikes-40-heres-why","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33374","title":{"rendered":"Movement Crypto Shines as MOVE Spikes 40%: Here\u2019s Why"},"content":{"rendered":"<div>\n<p><em>MOVE crypto is among the top performers, adding 40% and breaking out from a descending channel. Movement Network Foundation completed the 10 million crypto buyback program.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Amid global uncertainty marked by unexpected escalations involving the United States, Israel, and Iran, the crypto market ticked higher, shaking off Sunday\u2019s weakness. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bitcoin, Ethereum, XRP, and Dogecoin registered gains as confidence grew that, despite missiles striking airbases in Qatar, the United States would not retaliate.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">MOVE Crypto Surges 40%<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">While attention focused on some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\"> in June, top-performing altcoins also gained traction. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Among them was <span class=\"cpp-widget-coin cpp-widget-99btc\" data-symbol=\"move7\">MOVE7 (No data)<\/span>, the token powering the Ethereum layer-2 platform, Movement. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">After posting sharp losses throughout Q2 2025, the token surged past critical resistance levels, gaining an impressive 40% against the greenback.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the daily chart, MOVE crypto is breaking out from a descending channel, reversing losses from the past week. It is likely to print higher highs, setting the tone for further gains and even placing it among the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">next cryptos to explode<\/span><\/a><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If yesterday\u2019s buyers remain active today, confirming gains, the token may surge above $0.18, erasing June losses and setting the stage for a strong Q3 2025. Notably, the June 23 breakout is with high volume, signaling trader interest. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-move7\" data-coin-symbol=\"move7\" data-price-usd=\"MOVE7 Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">MOVE7<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">MOVE7<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-685a7dd77fa28\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, the breakout formed a wide-ranging, bullish engulfing bar, reversing last week\u2019s losses.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although technical candlestick patterns favor buyers, fundamental factors will drive the pace of this growth. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The team is putting in efforts to enhance its reputation and rebuild investor confidence, propping up prices.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Why Is Movement Rallying?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">On June 20, the Movement Network Foundation announced the completion of a 10 million MOVE token buyback. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Movement Network Foundation has completed a buyback of 10M <a href=\"https:\/\/twitter.com\/search?q=%24MOVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MOVE<\/a> as part of our buyback commitment.<\/p>\n<p>Here is the transaction:<a href=\"https:\/\/t.co\/b8sZg7yLas\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/b8sZg7yLas<\/a><\/p>\n<p>\u2014 Movement Network Foundation (@movementfdn) <a href=\"https:\/\/twitter.com\/movementfdn\/status\/1936104542288199850?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The program aimed to stabilize prices and restore investor trust following the 2024 events when its market maker was accused of manipulation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This buyback follows the transfer of 500 million MOVE tokens to Binance in early May 2025 for the MOVE Launchpool Season 2 program. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We have just transferred 500m <a href=\"https:\/\/twitter.com\/search?q=%24MOVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MOVE<\/a> tokens to Binance for Launchpool Season 2.<a href=\"https:\/\/t.co\/SArYxpocis\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/SArYxpocis<\/a><\/p>\n<p>\u2014 Movement Network Foundation (@movementfdn) <a href=\"https:\/\/twitter.com\/movementfdn\/status\/1919774881337770364?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The transfer and launchpool were seen as efforts to align with token holders and alleviate fears of delisting risks.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, the Movement Network Foundation announced the Launchpool Season 2 program months after Binance froze $38 million in MOVE profits from Rentech, a market maker accused of dumping tokens and manipulating prices.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On December 10, Rentech dumped 66 million MOVE tokens a day after MOVE listed on Binance, causing prices to plummet from $1.45 to under $0.25. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">NEW: <a href=\"https:\/\/twitter.com\/movementfdn?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@movementfdn<\/a> signed a deal loaning ~50% of its circulating ecosystem supply to <a href=\"https:\/\/twitter.com\/Web3Port_Labs?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Web3Port_Labs<\/a>.<\/p>\n<p>The day after MOVE debuted on exchanges, accounts linked to <a href=\"https:\/\/twitter.com\/Web3Port_Labs?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Web3Port_Labs<\/a>  dumped 66M tokens, leading <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@binance<\/a> to ban it.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f9f5.png\" alt=\"\ud83e\uddf5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><a href=\"https:\/\/twitter.com\/CoinDesk?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@CoinDesk<\/a> obtained the contracts and much more: <a href=\"https:\/\/t.co\/SDoonYcBro\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/SDoonYcBro<\/a><\/p>\n<p>\u2014 Sam Kessler (@skesslr) <a href=\"https:\/\/twitter.com\/skesslr\/status\/1917536971112534350?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Binance intervened to protect MOVE traders and investors, freezing Rentech\u2019s profits and banning the market maker from its platform.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The present recovery is a major relief for MOVE holders who faced a challenging first half of 2025, including a delisting from Coinbase in May 2025. The exchange cited failure to meet listing standards following the Rentech debacle.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In May 2025, Movement Labs suspended and later terminated co-founder Rushi Manche, alleging his role in brokering the Rentech deal. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Revealing attestation from the future: <\/p>\n<p>rushi is fired from movement within the next 28 days for fraud or misconduct <a href=\"https:\/\/t.co\/5F81bn6dN0\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/5F81bn6dN0<\/a><\/p>\n<p>\u2014 Cobie (@cobie) <a href=\"https:\/\/twitter.com\/cobie\/status\/1918161495759962477?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The developer claimed Manche blurred governance lines, raising potential securities regulation issues. As part of governance changes, Torab Torabi took over as CEO, while Young Yang Liauw now leads the engineering team.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000x Crypto \u2013 10 Coins That Could 1000x in 2025<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">MOVE Crypto Spikes 40%: Why is Movement Rallying?<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">MOVE Crypto break out from a descending channel<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Movement Network Foundation completes a 10 million token buyback program<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">The team transferred 500 million MOVE to Binance for Launchpool Season 2<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Movement made changes following events in early December 2024<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/movement-crypto-shines-as-move-spikes-40-heres-why\/\">Movement Crypto Shines as MOVE Spikes 40%: Here\u2019s Why<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MOVE crypto is among the top performers, adding 40% and breaking out from a descending channel. Movement Network Foundation completed the 10 million crypto buyback program. Amid global uncertainty marked by unexpected escalations involving the United States, Israel, and Iran, the crypto market ticked higher, shaking off Sunday\u2019s weakness. Bitcoin, Ethereum, XRP, and Dogecoin registered [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33374","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33374"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33374\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}