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BitcoinSistemi 2025-01-28 18:04:08

Donald Trump’s Cryptocurrency Project Buys a Surprise Altcoin, Then Elon Musk Rumors Emerge

Donald Trump’s Cryptocurrency Project Buys a Surprise Altcoin, Then Elon Musk Rumors Emerge

MOVE, the token of the Ethereum layer-2 network Movement, saw a sharp rise today following major developments involving Donald Trump and Elon Musk. The token surged as much as 20% to $0.89 before settling for a 13% gain at the time of writing. Graph showing the movement in MOVE price after the development. The surge was triggered by the $2 million purchase of MOVE tokens by World Liberty Financial, an organization backed by Donald Trump and his family. Blockchain data from Arkham Intelligence revealed that the transactions occurred in multiple batches, with the first occurring at 17:22. Related News: BREAKING: Coinbase Announces the Listing of a New Altcoin Another rumor has emerged that supports the rally. According to rumors, Movement is among the blockchain projects that are being discussed with the Department of Government Efficiency (DOGE), led by Elon Musk. However, it is not yet clear whether there will be a collaboration with Movement. The department is exploring blockchain technology to improve federal government operations, including tracking spending, securing data, managing payments, and overseeing infrastructure. *This is not investment advice. Continue Reading: Donald Trump’s Cryptocurrency Project Buys a Surprise Altcoin, Then Elon Musk Rumors Emerge

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