Surge after airdrop: Movement token’s price skyrocketed after its airdrop on December 9, 2024, doubling within 24 hours. It was listed on MAJOR platforms like Upbit, Binance, Bybit, and OKX, signaling strong market interest and setting its value at over 2.26 billion USD.
Market momentum: Following the price surge, Movement received mixed community reactions. Initial skepticism about the airdrop’s intent shifted as its valuation maintained strength. Despite being heavily shorted post-listing, the token continued to engage investors with strategic distribution plans.