HUGE: Movement generated near-zero revenue and fees for months before bankruptcy.
DefiLlama data shows daily app revenue stayed below $800, while daily chain fees fell to single digits for months since November.
Movement’s $MOVE token is down over 97% from its ATH, with its FDV collapsing to around $106M.
Movement Labs has now filed for Chapter 11, listing just $100K in assets against liabilities of up to $10M.
@KhalidAlNumi To name a few, Lürssen 455.5 ft custom superyacht, ACJ350, H160 (to & fro superyacht) a palatial home in Zanzibar & a few pieces from BOVET, F.P.JOURNE, GREUBEL FORSEY, J. Moser& Cic, LouIs MOINET you already have a few toys in the garage in multiple locations so’ll skip that
@koruf1985@_Crypto_Barbie If the White House makes a compromise on a number of issues (namely the president or any elected officials disassociate themselves from profiting from crypto) we’ll have more votes than we need
@KhalidAlNumi buy server hardware, GPUs, and cloud credits to supercharge AI research and compute capacity. Avoids the banned list entirely (no vehicles, vessels, residential property, precious metals/gemstones).
@KOSASI_NAKAMOTO The above verse’s emphasising complete faith in God's guidance, not relying solely on personal wisdom, and acknowledging Him in every part of life for divine direction, promising a clear, purposeful path. It means surrendering your plans fully to the Lord.
@KOSASI_NAKAMOTO Trust and obey. Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight" (Proverbs 3:5-6)