Binance Hits Pause on Second MOVE Airdrop—Exchange Cites ’Technical Review’

Binance’s latest airdrop delay sparks trader frustration—and predictable memes about ’crypto time.’

Behind the scenes: Insiders whisper about liquidity checks and tokenomics audits, but the exchange’s official line blames ’scheduled maintenance.’

Silver lining? The delay gives degens more time to farm pointless yield elsewhere—because nothing says decentralized finance like waiting on a centralized exchange’s timetable.

After this move, the token fell by around 10%, quoted at $0.15 vs. USDC and 0.0002607 BNB, indicating increasing anxiety among investors. Earlier in April of 2025, the token dropped 16% following a delisting on Coinbase. It was also subjected to a $38 million loss caused by a malicious market maker. Such incidents have caused a critical breakdown of investor trust.

In order to resolve the crisis, the Movement Foundation recently introduced fresh leadership through a rebranded organization called Move Industries. The move also entails suspending co-founder Rushi Manche and promoting Movement Labs’ initial team members to leadership positions. Torab Torabi will serve as the new CEO and ecosystem architect, and Will Gaines as President and CMO.

Move Industries states its greatest priorities are to unveil the postponed Movedrop, rebuild the relationship with the community, and repair the way the project is governed. The new team has vowed to be more transparent and communicative by having frequent town hall meetings and being more diligent in selecting future partners.

Getting the trust of the community back will not be easy, however, despite these efforts. When the airdrop was delayed and the value of the MOVE token crashed, many of the fans were upset.

Also Read: Move Coin Crash: How Pump and Dump Doomed a $100M Project