The cryptocurrency price of Movement (MOVE) dropped sharply, falling over 16%, following news from Coinbase that the token will be delisted from its platform on May 15, 2025. The exchange cited the token not meeting listing criteria as a key reason behind this decision. Coinbase’s statement notes that trading for MOVE will be suspended for both Simple and Advanced Trading windows starting on or around 2 PM ET, with order books transitioning to limit-only mode. 38 million dollars in funding was raised for the project by Movement Labs, but its value plummeted 85% after a suspicious middleman dumped tokens on day one of the launch. This resulted in significant concern over transparency and ethics as users voiced their disappointment regarding promised buyback plans and delays of the initial airdrop. Furthermore, the involvement of Donald Trump’s World Liberty Financial – which holds 7.5 million MOVE tokens – has raised concerns about the project’s funding landscape and potential ethical issues.