Movement Plunges to All-Time Low After Coinbase Says It Will Delist Ethereum L2 Token
Summary
MOVE, the native token of the Ethereum layer-2 network Movement, plummeted to an all-time low after Coinbase announced it will suspend trading for the token on May 15, 2025. The token's price dropped nearly 14% to $0.2079, according to CoinGecko. Movement launched in December. No immediate response was received from Coinbase or the Movement Foundation regarding the suspension.