# MOVEs Value Climbs 16% After Musk Probes Movement Blockchain Openness Statement
The MOVE digital currency experienced a 16% rise on Wednesday after rumors circulated that Elon Musk was thinking about utilizing the Movement blockchain for his government openness plan. Toncoin (TON) Value Forecast for March 26th
On January 29th, the Movement (MOVE) token rose 16% following news that Elon Musk’s government effectiveness division was assessing the blockchain for its openness endeavors. On January 28th, Walter Bloomberg, in an X post, referenced a source expressing, “A few organizations are examining the utilization of the blockchain with Musk’s DOGE group.”
All the while, on-chain investigators found that World Liberty Financial, a crypto project connected with previous President Donald Trump, made a considerable buy. The organization purchased roughly $2 million worth of MOVE tokens, which pushed the cost from $0.71 to more than $0.88, in the end settling around $0.80. This buy immediately raised worries about insider exchanging.
In light of these claims, Rushi Manche, the fellow benefactor of Movement Labs, expressed that the group was not straightforwardly working with World Liberty Financial and told crypto media that Movement “has had no immediate correspondence with the Trump-supported DeFi project.” He likewise denied working with Musk’s DOGE group, saying, “According to my perspective, there has been no contact between us.”
In the interim, Movement Labs has been occupied with dispatching a developer mainnet to carry Facebook’s Move virtual machine (otherwise called MoveVM) to Ethereum. This dispatch is a critical move towards the public mainnet beta, which is anticipated in February.
