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Coinbase Delists $MOVE Following CoinDesk Report

A report from CoinDesk that Movement had signed deals with a market maker to pump token prices and dump on retail is having swift consequences.
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May 1, 2025 • 1 min read

Coinbase will delist MOVE token on May 15 following a period of scrutiny and earlier reported issues in the Movement Network.

What’s the Scoop?

  • Trading Suspension: Coinbase has announced that trading for the MOVE cryptocurrency will be suspended on May 15.
  • Market Impact: Following the announcement, MOVE’s token price experienced a notable decline of 20%, from $0.25 to $0.20.
  • Reason Unspecified: While Coinbase cited maintaining listing standards for the decision, no explicit cause for the suspension was provided.
  • Movement Issues: The delisting follows an earlier episode in April involving market maker abnormalities and a leadership change within Movement Network.

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