The $MOVE token has seen a pointy dump lately as a consequence of malicious actions from market makers, the inner 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 important erosion in worth was exacerbated by a essential improvement on Could 1, 2025, when Coinbase, a number one cryptocurrency change, introduced the suspension of MOVE buying and selling efficient Could 15, 2025, citing the token’s failure to fulfill its itemizing requirements.
Be taught extra: What’s Motion?
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 determination, 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 Buying and selling Suspension and Itemizing Requirements
Coinbase’s determination to droop MOVE buying and selling stems from a routine evaluate that decided the token now not complies with the change’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 significantly damaging given Coinbase’s important 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 most important cryptocurrency change by buying and selling quantity, banned a market maker—alleged to be Web3Port or its affiliate Rentech—for misconduct after it dumped 66 million MOVE tokens (roughly 5% of the overall 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 assist, triggering a pointy worth crash and elevating allegations of worth manipulation. The market-making settlement, which incentivized synthetic worth inflation to attain a $5 billion valuation, was criticized by trade specialists as “harmful” and unethical, additional eroding investor belief.
Binance subsequently froze the market maker’s income 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.
Inside Instability and Ongoing Investigations
Motion Labs has confronted important 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 analyzing a market-making settlement that granted Rentech disproportionate management over MOVE’s token provide.
Be taught extra: $MOVE Token Beneath Fireplace As Co-Founder Controversy
Inside 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 briefly stepped again amid the scandal, elevating issues about management stability, whereas co-founder Cooper Scanlon continues to guide the mission.
The Motion Community Basis has distanced itself from the market maker’s actions, claiming no prior information of the misconduct, however these developments have fueled adverse 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 short worth improve of 25% in late March 2025 following the announcement of a Strategic Reserve, the token has struggled to get better from its 80% decline since its ATH. The mission’s preliminary promise, backed by distinguished buyers equivalent 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 dissatisfied buyers.
One other unhealthy information that would occur to Motion Labs is that the World Liberty Finance provides 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 might be essential in figuring out whether or not the mission can restore investor confidence.
For the time being, 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 adverse affect from $MOVE, the chance of delisting from main exchanges couldn’t be plain.
