Movement Token Tanks 14% After Coinbase Pulls the Plug—Another ’Strategic Pause’ or Death Knell?
Coinbase just yanked trading for Movement Token—and the market responded with a 14% nosedive. Was it ’technical issues’ or the usual crypto exchange theatrics?
Subheader: When exchanges giveth, and taketh away
Another day, another token left bleeding on the altar of centralized exchange whims. Traders got the classic combo: zero warning pre-halt, followed by the obligatory ’protecting customers’ press release. Meanwhile, Movement’s community scrambles to spin this as a ’buying opportunity’—because nothing screams bullish like forced liquidation events.
Closing jab: At least the Wall Street guys have the decency to wait until quarter-end for their rug pulls.