The Movement Network’s MOVE coin is set for a significant milestone today – the release of 50 million tokens at 12:00 PM UTC. While this event could impact the coin price, it’s unclear whether it will lead to a decline or an upward surge. The unlock represents roughly 2.04% of the circulating supply and comes amidst a recent downturn for the token. Currently, out of a total supply of 2.4 billion MOVE tokens, 76% remain locked. 50 million released today could trigger price fluctuations, but whether it signals a short-term correction or an opportunity for new buyers remains to be seen. 23% drop in the past week and a 34% decrease over the past month highlight the volatility, with yesterday’s decline adding 3.47%. With the market cap at $748.21 million and trading volume down 31.44% to $52.1 million, the crypto community awaits the impact of this unlock event. Movement Network is dedicated to bridging the Move and EVM blockchain worlds, attracting backing from giants like Polychain Capital and Binance Labs. The upcoming token release could signal opportunities for developers but also present challenges in the form of increased selling pressure if many tokens enter the market quickly. This highly anticipated event has fueled discussions online, with some expressing apprehension while others hold hopeful expectations. Will MOVE rebound, or will this unlock event complicate matters further? The next few hours hold significant potential for those who follow the cryptocurrency market.