The Movement Network native cryptocurrency took off on January 28 through a substantial transaction by World Liberty Financial that caused MOVE tokens to rise by 15% or more.
A decentralized finance (DeFi) project, World Liberty Financial, which reportedly has ties to former US President Donald Trump, bought approximately $2 million worth of MOVE tokens. World Liberty Financial’s MOVE token purchase drove prices from $0.71 to $0.88 until stabilization at $0.80, resulting in a total 13% gain as recorded at the present time.
Through the CoW Protocol, the deal involved stablecoin conversions. World Liberty Financial performed a 1.88 million USDC purchase of 2.398 million MOVE tokens at a $0.784 per token rate through the Spot On Chain analytics service. The fit amount of MOVE tokens purchased by the organization after this transaction reached $1.97 million.
MOVE Token Surge Reflects DeFi Market Growth
The value increase of MOVE shares appeared at the same time the Movement Network progressed through another important transformation. After its initial release in December 2024, the project achieved a Developer Mainnet launch, which represents a major development. The arrival of the public mainnet will set the stage for the platform’s forthcoming public beta in mid-February 2025.
World Liberty Financial operates an extensive cryptocurrency acquisition program, which includes the recent $2 million MOVE deal. Seven distinct digital currency acquisitions by the project totaled $222 million in outlays during the preceding week. The financial allocation reports $129.95 million Ethereum (ETH) along with $66.8 million Wrapped Bitcoin (WBTC) and $10 million TRON (TRX). The purchase included acquisitions measuring $4.7 million from token investments in Aave, Athena, and Chainlink assets.
Since its entry into the cryptocurrency market, World Liberty Financial has accumulated an asset value exceeding $391 million, making it one of the dominant forces in digital assets.
Technology improvements at MOVE along with Movement Network demonstrate increasing DeFi market potential based on recent developments. The cryptocurrency landscape remains under close observer scrutiny due to World Liberty Financial’s active acquisition initiatives.
