Coinbase Ends Support for MOVE Token, Market Value Plunges

Crypto exchange Coinbase has announced the end of support for the MOVE token, citing it no longer aligns with its listing criteria. The company’s official X post revealed this change will take effect on May 15th, removing the token from all platforms including the main app, Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime. This decision follows a period of scrutiny for the MOVE token, which has seen significant price fluctuations.