Ethereum

Version

Movement

Chains

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>MOVE recorded a huge success following yesterday’s launch on Binance and other exchanges.</li> 
 <li>MOVE is the biggest Binance Hodler Airdrop project so far, with token rewards of 20 million MOVE.</li> 
</ul> 
Movement (MOVE) saw a huge first day after Binance announced its launch as the 3rd Airdrops Portal project on December 9. 
<h2 id="move-s-market-cap-surpassed-3-billion-hours-after-launch">MOVE’s Market Cap Surpassed $3 Billion Hours After Launch</h2> 
MOVE was <a href="https://www.binance.com/en/support/announcement/introducing-movement-move-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-8a585286abc547d293e269beeb6b9bf3" rel="nofollow noopener" target="_blank">listed</a> by Binance yesterday at 13:00 (UTC) with Seed Tag applied, and the exchange opened trading for five pairs including MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY. 
Yesterday, the coin’s price fluctuated between $0.6 and around $0.7 after launch, but today, the token kicked off an impressive price rally from around $0.75 to over $1.4 earlier. 
After reaching this top, the token saw a short-lived correction below $0.1, just to bounce back above $1.37 shortly after. 
<figure id="attachment_54848" aria-describedby="caption-attachment-54848" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap.jpeg"><img loading="lazy" decoding="async" class="wp-image-54848 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap.jpeg" alt="MOVE price in USD today" width="1200" height="800" title="$MOVE Spiked Above $1.4 Today, Surpassing $3B in Market Cap 33" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/MOVE_1D_graph_coinmarketcap-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54848" class="wp-caption-text">
 MOVE price in USD today
 </figcaption>
</figure> 
<a href="https://crypto.ro/en/cryptocurrencies/movement/">MOVE</a> debuted yesterday with a market cap of $1.4 billion, and reached $3.15 billion earlier today. At the moment of writing this article, MOVE is trading at around $0.72, up by 17% in the last 24 hours, and the token has a market cap of $1.63 billion. 
The 24-hour volume for MOVE is currently close to $7 billion. The coin’s total supply is 10 billion MOVE tokens, and the circulating supply is 2.25 billion MOVE tokens. 
<h2 id="move-binance-s-biggest-hodler-airdrop-project">MOVE – Binance’s Biggest HODLer Airdrop Project</h2> 
MOVE is the biggest Binance HODLer Airdrops project with airdrop token rewards of 20 million tokens, representing 2% of the maximum token supply. 
Binance users who stake MOVE can get airdrops. Users who don’t have a Binance account can create one <a href="https://accounts.binance.com/en/register?ref=WU16G8DX" rel="nofollow noopener" target="_blank">here</a>, and join the HODLer Airdrop. 
<h2 id="what-is-movement-move">What is Movement (MOVE)?</h2> 
<a href="https://www.movementnetwork.xyz/" rel="nofollow noopener" target="_blank">Movement</a> is an L2 solution created using MoveVM, aiming to offer developers a powerful, efficient, and scalable platform to create the next-gen dApps. 
The Movement Foundation is the driving force behind the Movement ecosystem, as revealed by the official website of the project and it’s dedicated to the following targets: 
<ul> 
 <li>Fostering innovation</li> 
 <li>Supporting developers</li> 
 <li>Advancing the adoption of MoveVM technology</li> 
</ul> 
Movement Labs revealed the <a href="https://www.movementnetwork.xyz/whitepaper/movement-whitepaper_en.pdf" rel="nofollow noopener" target="_blank">official whitepaper</a> of the project on November 21, 2024: “Move Stack Chains: A Network of High-Throughput Fast-Finality Move-Based Rollups Secure4d by Ethereum Version 0.2.5” 
Move Stack Chains 
The whitepaper’s Abstract addresses the introduction of Move Stack Chains – a secure and scalable network of Move-based rollups secured by Ethereum that address the need for safer execution environments. 
Move Stack, a modular framework for creating highly customizable Move Rollups, is at the core of this network. 
The Movement Network revealed the best features of Move Stack as follows: 
<ol> 
 <li>Move Executor: A high-throughput execution layer with MoveVM, parallel execution, and EVM compatibility</li> 
 <li>Fast-Finality Settlement Mechanism: This achieves confirmation in seconds, by leveraging economic security from a network of validators, maintaining Ethereum’s security</li> 
 <li>Modularity: Integration with multiple DA services and sequencers; developers can also opt for validity or optimistic rollup configurations to achieve the best Ethereum security</li> 
</ol> 
The whitepaper’s Abstract also mentions Move Arena – a complex infrastructure that integrates Move Stack Chains with the project’s services, enabling an ecosystem of next-gen interoperable rollups. 
Rollups benefit from DSS – the decentralized shared sequencer network, which allows the following: 
<ul> 
 <li>Enabling seamless cross-rollup interoperability</li> 
 <li>Enhancing censorship resistance</li> 
 <li>Eliminating single points of failure</li> 
</ul> 
DSS is secure via the multi-staking mechanism that: 
<ul> 
 <li>Brings economic security across Move Stack Chains and beyond</li> 
 <li>Minimizes the infrastructure requirements</li> 
 <li>Maximizes the sovereignty of each Move Rollup</li> 
</ul> 
<figure id="attachment_54849" aria-describedby="caption-attachment-54849" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/move.png"><img loading="lazy" decoding="async" class="wp-image-54849 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/move.png" alt="Movement Whitepaper Abstract" width="697" height="758" title="$MOVE Spiked Above $1.4 Today, Surpassing $3B in Market Cap 34" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/move.png 697w, https://crypto.ro/en/wp-content/uploads/2024/12/move-276x300.png 276w" sizes="(max-width: 697px) 100vw, 697px"></a>
 <figcaption id="caption-attachment-54849" class="wp-caption-text">
 Movement Whitepaper Abstract
 </figcaption>
</figure> 
Yesterday, the team behind the project <a href="https://x.com/movementfdn/status/1866093269257777584" rel="nofollow" target="_blank">shared</a> a message via X, highlighting their excitement to see how the Movement community will guide the network and bring Move’s superior security guarantees to Ethereum.

$MOVE Spiked Above $1.4 Today, Surpassing $3B in Market Cap

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