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MOVE Token Faces $8.46M Unlock as Price Crashes Through Critical $0.17 Floor
MOVE Token Faces $8.46M Unlock as Price Crashes Through Critical $0.17 Floor
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Another week, another token unlock—this time it’s MOVE dumping $8.46M worth of supply into a market that’s already treating it like a hot potato. Price just sliced through the $0.17 ’support’ like a institutional trader bypassing retail stop-losses.
Will buyers step in to catch the knife, or is this another ’strategic unlock’ (read: exit liquidity) in action? Stay tuned for the next episode of ’Tokenomics or Tragicomedy.’
MOVE price analysis | Source: crypto.news
With Coinbase set to delist MOVE pairs on May 15, the upcoming token unlock may fuel further volatility. In the short term, MOVE might continue to be under pressure unless there is a noticeable change in sentiment or a strong recovery above key support levels.
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