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In the ever-evolving world of blockchain, Movement Network emerges as a new solution presenting advanced technology based on the Move programming language. By integrating high security, speed, and flexibility, Movement Network becomes a bridge between the Ethereum blockchain and the latest innovations.

What is the MOVE Token?

The MOVE token is the native utility token of the Movement Network ecosystem. MOVE serves various purposes such as paying gas fees, staking, and participating in network governance. As part of the Movement Mainnet launch, MOVE is designed to support network development through a community-based approach.

Of the total maximum supply of 10 billion MOVE, 60% is allocated to community and ecosystem initiatives, including:

  • Staking Rewards: Rewards for validators who maintain network security.
  • Grants for Developers: Grants for teams building applications on Movement Network.
  • Liquidity Initiatives: Supporting the DeFi ecosystem through liquidity provision.

MOVE also plays an important role in network governance. Token holders have the right to propose and vote on changes to network parameters, making the community an integral part of the ecosystem.

Read more: BIO Token: Pioneering Innovation in Decentralized Science (DeSci)

Advantages of Move Technology

MOVE programming language, originally developed by Meta (formerly Facebook), forms the foundation of Movement Network. MOVE is designed with a focus on security and asset ownership.

  • Transaction Security: Each transaction is protected by a unique sequence number that prevents order changes.
  • Efficient Data Storage: Data is stored at a global address or user account, ensuring secure access.
  • Parallel Processing: This technology can efficiently identify and process transactions, reducing network congestion.

Movement Network: A Bridge Between Move and Ethereum

Movement Network is the first Move-based Layer-2 integrated with Ethereum. This solution offers high performance with transaction finality in just one second, as well as compatibility with the Ethereum Virtual Machine (EVM).

This advantage allows developers to build secure and efficient blockchain applications without leaving the Ethereum ecosystem.

MOVE Launch: Market Enthusiasm

On December 9, 2024, Movement Network officially launched Movement Mainnet along with the MOVE token. This launch was met with a 50.24% surge in the MOVE price in the first 24 hours after launch, reaching a price of $0.9982. MOVE's market capitalization jumped to $2.24 billion, indicating strong interest from investors.

The Future of Movement Network and MOVE

Movement Network has three main focuses for the future:

  • DeFi Security: Addressing security risks in the DeFi sector that cause trillions of rupiah in losses annually.
  • AI Integration: Supporting process automation through artificial intelligence to improve smart contract efficiency.
  • Mobile-First Adoption: Driving Web3 adoption among Gen Z and communities in developing countries with mobile-based technology.

With support from renowned investors like Polychain Capital and Binance Labs, Movement Network has great potential to revolutionize the blockchain ecosystem and play an important role in developing Web3 technology.

Read more: Understanding Layer 3 Crypto: A New Level of Blockchain Scalability

How to Buy $MOVE on Mobee

Follow these steps to buy $MOVE through the Mobee application:

  • Registration and Verification: Register and complete the account verification (KYC) process first.
  • Deposit Funds: After verification, deposit funds into your Mobee wallet to facilitate purchases.
  • Open the Trade Menu: Access the Trade menu at the bottom of the application.
  • Select MOVE: Find MOVE in the asset list or search using the keyword "MOVE."
  • Select Trading Pair: Choose a trading pair like MOVE/USDC.
  • Transaction Method: Determine the transaction method:some text
    • Market Order: For the current market price.
    • Limit Order: For a price you set yourself.
  • Enter Amount: Enter the amount of MOVE you want to buy and check the transaction information.
  • Confirm: Click "Confirm" to process the purchase.

After the successful transaction, you can find the MOVE asset in the Wallet section.

Sources:

Move. Accessed 2025. CoinMarketCap. 

Movement Network Foundation Reveals $MOVE. Accessed 2025. Movement.

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Disclaimer:
This content is intended to provide additional information to readers. Always conduct your own research before making any investments. All buying, selling, and investment activities involving crypto assets are the sole responsibility of the reader.