Movement is the first Ethereum EVM Layer-2 that makes use of Facebook’s Move programming language which is also utilized in Aptos and Sui. On December 9, it got its TGE and instantly rose to the top 60 cryptos.
This article dives into MOVE’s definition, TGE event, and its potential trajectory, offering a detailed Move coin price prediction to help investors gauge its future.
Overview of MOVE Coin
The Pre-Seed funding round of Movement Labs raised $3.40 million, while the series A funding round, sponsored by Polychain Capital, raised $38 million. The TGE comes after the Mainnet Beta was introduced last week, and MOVE is the Movement Network ecosystem’s utility coin.
Those who wait and submit a claim on the Public Mainnet might be entitled for a 1.25x multiplier, the Foundation said, while claims are still available.
MOVE recently burst out of an ascending parallel channel that has previously limited upward movement, notwithstanding the difficulties in accurately predicting move crypto price. The possibility of additional price action is suggested by this abrupt increase.
In addition to adding MOVE to its futures and margin products, Binance has backed the launch and distributed 200 million tokens, or 2% of the maximum token supply, to individuals who stake BNB on Binance. Five months later, a further 5% of the supply will be distributed to the Launchpool.
MOVE has also been listed on the spot and/or futures platforms of other centralized exchanges, including Bybit, Coinbase, OKX, Upbit, and Bitget.
According to the roadmap, the TGE is a component of Phase One, which ends with Liquid Deposit Contracts. In Phase 2, the Mainnet will then become live.
MOVE’s tokenomics will allow for a maximum supply of 10 billion tokens, of which 22.5% will be in circulation right away.
Following 65 months, the entire supply will be unlocked, with 10% going to the Foundation and Initial Claims, 40% to the Ecosystem and Community, and 40% to early backers and contributors.
MOVE Coin Price Prediction
Move Coin Price Prediction for 2024
Movement Market adoption and the initial token distribution via Launchpool are anticipated to be key to the trajectory of crypto in 2024. In order to set the stage for future growth, the year will test MOVE’s capacity to create robust resistance at $1.30, with $0.80 serving as a crucial support level.
Year | Minimum Price ($) | Average Price ($) | Maximum price ($) |
2024 | 0.80 | 1.05 | 1.30 |
Move Coin Price Prediction for 2025
Ecosystem expansion is anticipated to be fueled by the Mainnet Phase 2 deployment in 2025. Price levels are expected to rise gradually as MOVE becomes more useful and more applications use it, helped along by a rise in community involvement.
Year | Minimum Price ($) | Average Price ($) | Maximum price ($) |
2025 | 1.40 | 1.65 | 1.90 |
Move Coin Price Prediction for 2026
In 2026, MOVE will be more useful thanks to Liquid Deposit Contracts and its incorporation into DeFi platforms. It is anticipated that these developments will increase MOVE’s value and demand, possibly pushing it above the $2.70 threshold.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2026 | 2.00 | 2.35 | 2.70 |
Move Coin Price Prediction for 2027
2027 could witness another historic year as more exchanges adopt MOVE and staking incentives persist, which might push prices closer to the $3.90 area owing to accessibility and growing usage.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2027 | 3.00 | 3.45 | 3.90 |
Move Coin Price Prediction for 2028
The expansion of MOVE’s ecosystem and the unlocking of token supply milestones are anticipated to result in notable growth by 2028. These changes have the potential to raise MOVE’s price above $5.20.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2028 | 4.50 | 4.85 | 5.20 |
Move Coin Price Prediction fot 2029
Prices are expected to rise as high as $7.00 in 2029, a year of consolidation and strong market action due to community-driven growth and mature tokenomics dynamics.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2029 | 6.00 | 6.50 | 7.00 |
Move Coin Price Prediction for 2030
The widespread use of MOVE in decentralized ecosystems and elsewhere might help to cement its place as a leading crypto. It is anticipated to cost between $8.00 and $9.00 by 2030.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2030 | 8.00 | 8.50 | 9.00 |
Navigating an Uncertain Future
The debut of MOVE was a resounding success. With significant centralized exchange (CEX) backing and no reported problems with the airdrop, MOVE was able to break into the top 60 biggest cryptocurrencies. However, the response to the current support will define the future price movement. This detailed movement Coin price prediction is designed to guide your investment strategy.