In the world of Crypto, where a new innovation comes out every day, a small mistake can completely eliminate a project. Something similar happened with the Motion Labs’ move token, which once became extremely popular among investors, especially when it raised a $ 100 million funding with Coinfund and Nova CapitalTreasury in January 2025. But in a few months, things changed so fast that now this project is in the grip of a big controversy.
Coinbase’s delisting and controversy spark
The controversy over Move Token began when Coinbase suddenly deltured it from its platform. According to the information, the trading of the token will be completely closed from May 15. Taking a big decision after this delisting Motion Labs suspended its co-founder Rushi MancheThis suspense of Rushi Manche was done due to the alleged market-making scam. The name of a company Rentech has surfaced behind this scandal, incorrectly depicted as a subsidiary of Web3Por.
It is reported that Rentech was assigned about 5% of the total supply of Move Token and in return the company was encouraged to make a profit by taking the price of the token to $ 5 billion. Experts say that this deal is one of the worst deals ever and there are many signs of self-dealing.
Market-making scheme or pump and dump?
The lack of transparency in the crypto market has already damaged, but what happened to Move Coin can be called a classic “pump and dump” scheme. According to reports, in December, a suspected market maker dumped around $ 38 million in the Move Token Market, leading to a steep fall in prices.
This strategy attracts investors to take prices up and then suddenly selling tokens, which is illegal, which is not only illegal, as well as completely breaks the trust of investors. The price of Move Crypto has now fallen from $ 1.45 to $ 0.1881, which shows a decline of about 87.01%.
Lesson for investors and possible future
This entire incident has once again proved how important it is to understand the transparency, to Tunomics and Marketing Strategy of its founders before investing in any crypto project.
Although Motion Labs has taken an action by suspending Rushi Manche, it is difficult to save the falling credibility of the project. This week, the price of Move was seen to fall by 24% and its market cap is now only around $ 470 million.
In the coming weeks, if Motion Labs succeeds in gaining confidence with transparency and new leadership, this project may show some recovery. But currently investors should be cautious and assess the situation. If you Move Token Worth Prediction If you want to know, click on the link.
Conclusion
Despite the funding of $ 100 million and rapidly growing popularity, Move Coin Collision is a bitter lesson that no project can last long on the basis of hyp or large investment. Trust, governance and long-term vision is the real capital of any crypto project.
If you have invested in Move due to FOMO, now it is time for vigilance and correct research, because what is seen in the crypto market is not the same truth.
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