Table content
# MOVE Increases by 29% Amidst Global Free Monetary Investment: Will the Expansion Endure?
Following a sizable investment in MOVE by Donald Trump’s Global Free Monetary, the token has recovered from its latest decline, prompting conjecture about its possible addition to the government’s planned cryptocurrency reserves.
After reaching a record low of $0.391121 on Toncoin (TON) Value Forecast for March 26th 4, 2025, due to increasing trade war anxieties, MOVE rebounded to an intraday high of $0.505 on March 6, showing an almost 29.1% surge and attaining double-digit expansion.
Current data from the Asian afternoon trading session reveals that the token has grown by more than 33% from its local low on Tuesday. Its market capitalization surpasses $1.15 billion, and daily trading volume has almost tripled, floating above $258 million.
Today’s profits are credited to the acquisition of $1.5 million worth of MOVE tokens and other altcoins by the crypto project “Global Free Monetary,” possessed by U.S. President Donald Trump, from a recently established multi-signature wallet.
With only one day left until the White House cryptocurrency summit, MOVE has ignited speculation within the cryptocurrency community that it might be part of President Trump’s newly revealed strategic cryptocurrency reserve plan, intended to situate the United States as the “cryptocurrency capital of the world.”
The summit, slated for Friday, March 7, will be hosted by venture capitalist David Sacks and Representative Bo Hines. It is anticipated to gather cryptocurrency founders, CEOs, investors, and policymakers to deliberate on the future of digital assets in the United States, signifying another move in Trump’s effort to make America a frontrunner in the digital finance arena.
As pro-cryptocurrency feeling develops within decision-making circles, investors seem to be wagering that MOVE may also profit from prospective government-supported initiatives—especially considering its conformity with the “Made in America” story.
**MOVE Token Ascends as Derivatives Fascination Bursts**
Information from CoinGlass uncovers a considerable rise in demand from derivatives merchants. Open interest in MOVE prospects has soared over 50% in the recent 24 hours, arriving at $91 million. This dangerous development proposes merchants are making striking wagers on where MOVE is going straightaway.
Santiment information supports this hopeful picture, displaying a 146% leap in day to day dynamic locations. This commonly happens when holders are effectively exchanging, flagging expanded fervor around the token.
Despite the fact that social opinion is at present somewhat negative, MOVE is inclining on X and CoinGecko, showing that a value siphon could be unavoidable.
**MOVE Cost Examination: Technicals Highlight Potential Assembly**
Technicals propose MOVE is skipping back from a downtrend that began in early January.
On the 4-hour diagram, MOVE has broken over a sliding trendline that had been set up since January 6. Merchants frequently see this as an early indication of a pattern inversion.
MOVE’s cost is moving toward the upper band of the Bollinger Bands, showing solid purchasing pressure and new capital streaming into the market.
The MACD line is likewise inclining upwards, intersection over the sign line and remaining over the cost line. This affirms a potential pattern inversion, particularly with the critical flood in exchanging volume over the previous 24 hours.
Extra information from CoinGlass shows financial backers have been reliably collecting MOVE, with net surges from trades adding up to almost $11.5 million over the previous 12 days. This proposes solid conviction among financial backers that there are more potential gains to come.
Subsequently, MOVE could rally to the mental obstruction level of $0.55, which it neglected to break on Walk 3. Assuming it effectively breaks through this level, MOVE’s next objective would be $0.68, an obstruction level that was tried on various occasions in early February.
**Disclaimer:** This isn’t monetary guidance. The substance and materials on this page are for instructive purposes as it were.
