🌎 Movement Network’s MOVE Token Surges After Acquisition

Movement Network’s Native Token Surges After World Liberty Financial Acquisition

Movement Network’s native token, MOVE, saw a significant price increase after World Liberty Financial, a cryptocurrency project reportedly backed by Donald Trump, acquired additional MOVE tokens worth approximately $2 million.

The price of MOVE jumped from around $0.71 to over $0.88, rising more than 15% as the market reacted to World Liberty Financial’s latest purchase. At the time of writing, MOVE traded at approximately $0.80, maintaining a 13% gain and ranking among the top-performing tokens of the day.

World Liberty’s MOVE Purchase Details

World Liberty’s MOVE purchase on January 28 was conducted through stablecoin swaps for the token on CoW Protocol. According to available data, the Trump-backed DeFi project used 1.88 million USDC to acquire 2.398 million MOVE tokens, completing the transaction at an average price of $0.784 per token.

MOVE’s price surge brought the total value of tokens held to $1.97 million at the time of writing. Notably, the Movement price had also experienced an upside bump after the Movement Network Foundation announced the project’s Developer Mainnet was now live.

World Liberty’s Buying Spree

World Liberty’s recent MOVE purchase is part of a larger buying spree over the past week. The project reportedly spent over $222 million on seven tokens, including: