Today, we reveal $MOVE!
$MOVE is the utility token of Movement. It will be used to achieve Movement Network Foundation's objectives.
60% of $MOVE will go toward community, across Ecosystem & Community, Foundation, and Initial Claims tranches.
Now, let's explore $MOVE👇
15M $MOVE will be transferred shortly from the Move Strategic Reserve on Ethereum to Binance as part of a reserve migration.
These tokens will subsequently be withdrawn from Binance to the Movement Network Strategic Reserve.
The net effect on circulating supply: 0.
50M $MOVE tokens will be transferred from the Movement Strategic Reserve to the Movement Network Ecosystem wallet. These tokens will be used for ecosystem incentives, grants, and liquidity initiatives. We are excited to continue support for builders and growth on Movement.
50M $MOVE have been transferred from the Move Strategic Reserve on Ethereum to Binance as part of a reserve migration. These tokens will subsequently be withdrawn from Binance to the Movement Network Strategic Reserve. The net effect on circulating supply: 0.
Transfer transaction: https://t.co/e0G0T5pmCP
Transition complete. Move Industries is now officially the Movement Network's primary service provider. This completes the transition process previously announced in May 2025.
Congratulations to @torabyou and the entire team at @moveindustries for reaching this milestone. The $MOVE ecosystem is favorably positioned for its next chapter in 2026 and beyond. Excited to see what comes next!
We have transferred 65M $MOVE tokens from our Ethereum Strategic Reserve to our Movement Network Strategic Reserve.
Additionally, we are sending 50M $MOVE from our Ethereum Strategic Reserve to Binance, then withdrawing it to our Movement Network Strategic Reserve.
This replenishes exchange withdrawal capacity while migrating tokens to our native chain.
Building The People's Chain with transparency.
Movement Network Foundation Update
We want to provide transparency regarding tokens from our buyback wallet.
It’s been 4 months since our buyback commitment has been fulfilled.
We will begin to transfer some tokens from the $MOVE Strategic Reserve on Ethereum Mainnet to the $MOVE Strategic Reserve on the Movement Network to support ecosystem projects and incentives.
Here’s the Movement Network Strategic Reserve address: 0xec8af8edebacc7c5e47be3db7dbeb30a70c5045742b3e14f99a8f68dcb1d3195
As a reminder here’s the Ethereum Strategic Reserve address:
0xA14C8e3eBb2Da43d027dC2c1b763387B9D59cACe
Note: *We also periodically send ERC-20 $MOVE to exchanges in order to replenish and rebalance token supply to re-enable withdrawals.
We are committed to building The People's Chain with visibility to our community.
$MOVE buybacks are complete!
Movement Network Foundation now has acquired back ~180M $MOVE tokens, purchased at an average price of ~$.21.
So what's next?
Movement Network Foundation has completed a buyback of 40M $MOVE as part of our buyback commitment.
https://t.co/tn1sbslvqd
https://t.co/vTiyW1r4ZH
https://t.co/iEla5a53gs
https://t.co/Er0jXumJ73
Movement Network Foundation has completed a buyback of 40M $MOVE as part of our buyback commitment.
Here are the transactions:
https://t.co/CEEAQTYoTm
https://t.co/uUaQNB98xh
https://t.co/pVIDud5Mug
https://t.co/ooT0IBjqNg