What is a Movement Network (MOVE)?

Movement Crypto is an Ethereum Layer 2 blockchain designed for secure, high-speed transactions using the MoveVM (Move Virtual Machine) execution engine. Founded by Movement Labs (Cooper Scanlon and Rushi Manche), Movement Mainnet was launched the December 2024. 

It supports high TPS, near-instant finality via Fast Finality Settlement (FFS), and cross-chain interoperability through the Decentralized Shared Sequencer (DSS). Users can deploy Move-based chains via the Move Stack, stake multiple assets, and deploy smart contracts in the Network while leveraging Ethereum security.

What Does the Movement Network Ecosystem Contain?

The Movement Network ecosystem comprises:

• Movement Mainnet: The flagship blockchain for high-speed and secure transactions.
• Move Stack: A modular framework for developers to build Move-based chains.
• MoveVM: An efficient virtual machine designed for optimizing smart contract execution.
• Move SDK: A development toolkit for developers to easily build and deploy smart contracts.

What Is MOVE Token And What Are Its Use Cases?

The MOVE token is the native utility token of the Movement Network, used for transaction fees, ensuring low-cost and high-speed executions. Validators stake MOVE to enhance network security, while holders can participate in governance by voting on protocol upgrades. Additionally, MOVE enables seamless liquidity and cross-chain asset transfers across Move-based chains.

Movement (MOVE) Coin Price History

Move Coin (MOVE), which had its TGE (Token Generation Event) by Movement Labs, was launched on December 9, 2024, at an initial Move price listing of $0.8. 200M MOVE was airdropped on Ethereum by Binance to users who subscribed to BNB.

Key Financings:

• Pre-seed - (Sep 13, 2023): $3.4M raised from Borderless Capital, Taureon, 32-Bit Ventures & others.
• Series A - (April 25, 2024): $38M raised from companies which include Polychain Capital, Bankless, Hack VC, OKX Ventures, and others.
• Private round - (May 1, 2024): Backed by YZi Labs (previously Binance Labs).

Where to Buy Movement (MOVE) coin?

You can buy Movement (MOVE) coin on various crypto exchanges like Binance, OKX,  Bybit, Kraken, KuCoin, and Coinbase.

Which Wallets support the Movement (MOVE) coin?

You can store Movement (MOVE) Coin in wallets like Trust Wallet, MetaMask, Coinbase Wallet, imToken, TokenPocket, iToken Wallet, or hardware wallets like Ledger for added security. These wallets support Ethereum-based MOVE, ensuring safe storage and easy access for trading or staking within the Movement Crypto ecosystem