Movement (MOVE) Rises 16%, Analysts Set Sights on Record High

Movement (MOVE) has outperformed the broader cryptocurrency market, which has seen a 3.42% drop. While Bitcoin and Ethereum struggled, MOVE surged by 16.12% in just 24 hours. This surge has analysts eyeing a potential record high.

MOVE Defies Market Trends

Despite the market downturn, Movement (MOVE) rose significantly. The token currently sits at $0.7658, up 29.18% from a recent low of $0.5941. Though still far from its all-time high of $1.45, MOVE is performing well.

The key factor behind this rise is the launch of Movement's mainnet. As an Ethereum layer-2 network, it introduced a native token, paired with an $830 million airdrop. Airdrops tend to draw short-term attention, and this has certainly been the case for MOVE.

Exchange Listings and Rising Interest

MOVE's growth has also been fueled by its listings on top exchanges like Binance, Coinbase, and OKX. This has increased accessibility and driven up demand. 

The trading volume also saw a dramatic spike, rising by 157.7% in 24 hours. Movement is still under two weeks old, but analysts are already optimistic. Experts predict the price could rise further, potentially reaching $1. 

If momentum holds, MOVE may even break its all-time high and set new records in 2025. With strong exchange support and growing user interest, the outlook for Movement (MOVE) remains bright.