The price of MOVE spiked Tuesday to $0.89, notching notable gains after World Liberty Financial—a DeFi platform affiliated with President Donald Trump and members of his family—purchased $1.9 million worth of the utility token for the Ethereum layer-2 network Movement.
Despite retracing slightly, the token is up 7% on the day to $0.77, CoinGecko data shows.
That was enough for MOVE to lead the crypto market among the top 100 tokens tracked by CoinGecko, outpacing XDC Network’s (XDC) 7% climb.
The MOVE purchases were made by World Liberty Financial, which counts Trump and several of his children as advisors, on Tuesday morning, according to on-chain data visible via Arkham Intelligence’s blockchain analytics platform.
The Trump-linked DeFi project’
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Author: André Beganski
