MOVE (Ethereum Layer 2 track)
One, what is Movement Network?
Movement Network is a blockchain ecosystem based on the modular Move language, designed specifically for resource-centric smart contracts and enhanced security. By innovatively integrating Move with Ethereum through the Move-EVM (MEVM) Layer 2, Movement combines the best advantages of both ecosystems – the security of Move and the liquidity of Ethereum. It is also the first Move-EVM based L2 network in the Ethereum ecosystem, providing users with the fastest and most secure experience on Ethereum.
Two, core and applications of Movement Network
Staking and delegation for economic security: Validators stake $MOVE to protect the network and earn staking rewards.
Gas fees: $MOVE provides transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.
Governance: $MOVE holders participate in network governance and vote on proposals that shape the future of Movement.
Collateral and liquidity: Applications use $MOVE as collateral, liquidity provisioning, and native payment asset.
Sequencer decentralization
Three, project financing situation
1. Movement Network raised $3.4 million in seed round financing in September 2023.
2. Movement Network raised $38 million in Series A financing in April 2024, led by Polychain Capital.
3. Movement Network conducted strategic round financing in May 2024 with Binance Labs.
It has now been listed on major star exchanges.
Four, token economics and unlocking (the VC token issue investors care about most)
Token name: MOVE
• Total supply: 10,000,000,000
• Current circulation: 22.5%
Key distribution:
• HODLer airdrop: 2.00%
• Emission rewards: 76.14%
• Team: 2.76%
• Ecosystem fund: 6.30%
Unlock period analysis:
From December 2024 to October 2025, less than 10% will be unlocked, with low expectations for short-term unlocking. The long cycle means there is no need to worry about token dilution happening too quickly.
Five, how to buy & obtain $MOVE
1. Register on Binance Exchange, 30% rebate link: Registration link
Referral code: 974306453
2. $MOVE is already listed on Binance Exchange, you can buy it directly.
3. Participate in the airdrop tasks of the MOVE project, and you can still receive community incentive airdrops in the future.
4. Binance #HODLer airdrop phase 3 project, using #BNB to purchase earnings on the platform can be obtained. This activity has ended; it must be said that $BNB is a golden shovel, and you can continue to hold BNB to obtain other new tokens in the future.
Six, token price buying point analysis
Affected by Bitcoin's fluctuations, the current price is 0.66. You can wait to buy at the bottom support and when breaking through the triangle range, overall cost performance is high. Just set a stop loss if it breaks the bottom support.
