Binance Lists Movement (MOVE): Could Investors See 500% Gains Ahead?
Binance has announced major updates for Movement (MOVE), the first Move-EVM Layer 2 solution for Ethereum.
On December 9th Binance added MOVE to its “HODLer Airdrops” platform. If you subscribed BNB to Simple Earn Flexible or Locked products between December 2nd 00:00 UTC and December 5th 23:59 UTC you are eligible for the airdrop. The MOVE Airdrops page will go live today.
In addition to airdrops, Binance is listing MOVE with BTC, USDT, BNB and FDUSD pairs. This is great news for the project and will increase investor interest. Binance’s support is a big vote of confidence in MOVE especially with the crypto market being bullish in Q4.
Upbit joins in: Movement gets more support
Adding to the momentum MOVE is getting, South Korea’s largest cryptocurrency exchange Upbit is also listing MOVE. Upbit will list MOVE on December 9th with KRW, BTC and USDT pairs. Both Binance and Upbit listing MOVE at the same time has got a lot of investor interest which is a big vote of confidence in the EVM project.
Binance and Upbit listing MOVE will make MOVE more accessible to a wider audience and will drive up trading volume and liquidity. This is good for the project’s growth and adoption in the global crypto space.
What’s next for MOVE? Big gains ahead?
With top exchanges supporting MOVE, the native token could see big gains. Investors are drawing parallels to previous events where similar tokens saw huge price increases after exchange listings. For example, THENA price went up 500% after Binance listed THE.
Also Binance is further solidifying its global presence by introducing On-Chain Yields to attract more market participants. They launched this with Babylon BTC Staking where users can stake their BTC and earn on-chain rewards from the Babylon Protocol. Binance’s moves to tap into emerging markets and support projects like MOVE is good for investors.
Key Points:
Binance Enhances MOVE Offerings: Adds MOVE to “HODLer Airdrops” and lists it with multiple trading pairs.
Upbit Expands Support: South Korea’s leading exchange lists MOVE, increasing accessibility in the Asian market.
Potential for Significant Gains: Previous listings led to 500% price surges; investors speculate similar potential for MOVE.
Binance’s Strategic Initiatives: Ongoing efforts to support emerging projects bolster its global influence.
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