$MOVE crypto surges 60% post-airdrop: Eyes $1.74 target next! - AMBCrypto Analytics

The Movement [MOVE] crypto has taken the market by storm, surging nearly 60% within a day of its launch. As an Ethereum Layer-2 scaling solution, MOVE utilizes the Move Virtual Machine (MoveVM) to settle transactions with one-second finality, making it a standout in speed and efficiency.

Rushi Mande, co-founder of the Movement Network Foundation, highlighted Move's secure architecture and high throughput as pivotal to its appeal. The Foundation's strategic launch on December 9 offered 10% of the total MOVE supply—valued at nearly $1 billion—to testnet participants and early adopters, fueling significant interest.

Trading began with a market cap of $1.6 billion, and MOVE is now available on Binance, WhiteBIT, KuCoin, and other major exchanges. Short-term technicals suggest bullish momentum, with strong support at $0.89 and potential targets at $1.47 and $1.74.

The road ahead depends on building a robust ecosystem and community, but MOVE’s explosive debut signals strong demand for next-gen Ethereum scaling solutions. 🚀