FxWirePro- Token Unlock Tomorrow (MOVE)

• Unlock date: January 9
• Number of tokens unlocked: 50 million MOVE
• Current circulating supply: 2.25 billion MOVE

On January 9, 2025, the Movement (MOVE) token will have a significant unlock event, releasing 50 million tokens. This represents about 2.22% of the total supply, which is 2.25 billion MOVE tokens. The unlocked tokens are worth approximately $53.35 million.

The released tokens will be used to help develop the Movement ecosystem and support community projects on the platform, which focuses on improving Ethereum scaling solutions.

Movement is a network of modular move-based blockchains, representing the next generation of blockchain technology. It powers the fastest and most secure layer two solutions on Ethereum.

Round % of Allocation

Ecosystem development and support community - 100% (2.25b  MOVE tokens) 

MOVEUSD major resistance and support

Major resistance- $1.25

Major support - $0.80