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Movement Token Tanks 14% After Coinbase Pulls the Plug—Another ’Strategic Pause’ or Death Knell?

Movement Token Tanks 14% After Coinbase Pulls the Plug—Another ’Strategic Pause’ or Death Knell?

Author:
CoindeskEN
Published:
2025-05-01 16:56:16
12
1

Movement Token Slumps 14% as Coinbase Suspends Trading

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.

|Square

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