The $MOVE token has seen a pointy dump lately as a result of malicious actions from market makers, the interior group, and a previous sell-off from Web3Port Labs in December 2024.
$MOVE Downed greater than 80% since ATH
Motion Community’s native token, MOVE, has skilled a precipitous decline, falling over 80% from its ATH of $0.25, with present costs hovering round $0.19-$0.25 as of Could 2, 2025. This vital erosion in worth was exacerbated by a crucial improvement on Could 1, 2025, when Coinbase, a number one cryptocurrency trade, announced the suspension of MOVE trading efficient Could 15, 2025, citing the token’s failure to fulfill its itemizing requirements.
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Following the announcement, MOVE’s worth plummeted by roughly 14%-20% inside hours, reflecting heightened market uncertainty and investor issues surrounding Motion Labs’ operational instability. This resolution, coupled with ongoing controversies, has intensified scrutiny on the mission and contributed to its diminished market confidence.
$MOVE downed considerably in 3 months – Supply: CoinGecko
Key Components Contributing to the Decline
Coinbase Trading Suspension and Itemizing Requirements
Coinbase’s resolution to droop MOVE buying and selling stems from a routine assessment that decided the token now not complies with the trade’s stringent itemizing standards.
The shift to “limit-only mode” on Coinbase’s platforms, efficient instantly, restricts buying and selling to particular worth ranges, additional constraining liquidity.
This transfer follows a sample of erratic worth actions and proof of insider profit-taking, which have undermined the token’s credibility. The suspension has been notably damaging given Coinbase’s vital market affect, with the token’s worth dropping to an all-time low of $0.18-$0.20 post-announcement earlier than a modest rebound to $0.25.
Market Manipulation Scandal Involving Market Makers
A significant catalyst for MOVE’s decline was a market manipulation scandal uncovered in March 2025, which implicated a market maker related to Motion Labs. Binance, the biggest cryptocurrency trade by buying and selling quantity, banned a market maker—imagined to be Web3Port or its affiliate Rentech—for misconduct after it dumped 66 million MOVE tokens (roughly 5% of the full provide) on December 10, 2024, in the future after the token’s itemizing.
This sell-off, valued at $38 million, was executed with minimal buy-side help, triggering a pointy worth crash and elevating allegations of worth manipulation. The market-making settlement, which incentivized synthetic worth inflation to realize a $5 billion valuation, was criticized by business consultants as “dangerous” and unethical, additional eroding investor belief.
Binance subsequently froze the market maker’s earnings and collaborated with Motion Labs and the Motion Community Basis to provoke a $38 million token buyback program to stabilize costs, although this measure has didn’t halt the token’s downward trajectory.
Inner Instability and Ongoing Investigations
Motion Labs has confronted vital inner challenges, together with allegations of mismanagement and conflicts of curiosity. A 3rd-party investigation, launched on April 21, 2025, by Groom Lake, an impartial cybersecurity agency, is inspecting a market-making settlement that granted Rentech disproportionate management over MOVE’s token provide.
Be taught extra: $MOVE Token Under Fire As Co-Founder Controversy
Inner paperwork revealed that Motion Labs was misled into signing this deal, which allowed Rentech to facilitate a $38 million sell-off, exacerbating worth volatility. Moreover, co-founder Rushi Manche quickly stepped again amid the scandal, elevating issues about management stability, whereas co-founder Cooper Scanlon continues to steer the mission.
The Motion Community Basis has distanced itself from the market maker’s actions, claiming no prior data of the misconduct, however these developments have fueled unfavourable sentiment throughout the crypto group.
Wrap-up
The mix of Coinbase’s buying and selling suspension, the market manipulation scandal, and inner governance points has severely undermined MOVE’s market place.
Regardless of a quick worth improve of 25% in late March 2025 following the announcement of a Strategic Reserve, the token has struggled to get well from its 80% decline since its ATH. The mission’s preliminary promise, backed by outstanding buyers corresponding to Polychain Capital and Binance Labs, and its $40.4 million in funding, has been overshadowed by these controversies.
Moreover, the delay of the anticipated MoveDrop airdrop occasion, meant to distribute 740 million tokens, has disenchanted buyers.
One other dangerous information that might occur to Motion Labs is that the World Liberty Finance offers up the $MOVE provide of their portfolio, resulting in a chronic unstable scenario for the token.
As Motion Labs navigates this turbulent interval, the continuing third-party investigation and the effectiveness of its buyback program can be crucial in figuring out whether or not the mission can restore investor confidence.
In the intervening time, MOVE stays extremely unstable, buying and selling on exchanges like Binance and Upbit, however its future hinges on addressing these systemic points and rebuilding belief throughout the crypto ecosystem. Nevertheless, for the current unfavourable affect from $MOVE, the chance of delisting from main exchanges couldn’t be plain.
| CoinFN
