$MOVE Gains over 18% increase following token buyback announcement

Gate.io news: $MOVE, the native utility token for Movement Network, an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems has seen a significant 18% increase in price value after the ecosystem announced their token buyback has officially started. This is a step to improving the project tokenomics and price stability support.

According to Gate.io's trading chart, $MOVE has recorded a low of $0.44536 and a high of $0.60155 within the last 24 hours. The token is currently trading at $0.54103, with a substantial total volume of $121.12M and a MarketCap of $1.32B

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