Move Token jumped on Wednesday with 16% in the midst of rumors that Elon Musk is considering the Blockchain movement for his government transparency initiative.
Movements (Move) Token won 16% on January 29 when reports emerged that the Department of Government Efficiency team of Elon Musk De Blockchain evaluates for him Transparency -efforts. In an X -post On January 28, Walter Bloomberg, with reference to a source that is familiar with the case, that “Movement among companies that discuss blockchain use with Musk’s doge team.”
At the same time, analysts in chains saw a large purchase of World Liberty Financial, a crypto project that is related to President Donald Trump. The company bought for about $ 2 million from movers and pushed the price from $ 0.71 to more than $ 0.88 before setting around $ 0.80. The purchase quickly aroused concern about the trade with prior knowledge.
In the midst of those accusations, co-founder of Movement Labs Rushi Manche said that the team does not work directly with World Liberty Financial, narration Crypto-media that movement “is not in direct communication with the Trump-supported Defi project.” He also denied collaboration with the DOGE team of Musk and said, “I don’t think we have contact with as far as I understand.”
In the meantime, Movement Labs has been busy launching a developer Mainstet to bring the Virtual Machine from Facebook – also known as MOVEVM – to Ethereum. The launch is an important step in the direction of the public mainnet Bèta, expected in February.
