MOVE Token Plummets Following Coinbase Delisting, Triggering Over $200 Million in Trading Volume

Coinbase’s planned delisting of the MOVE token at approximately 2 PM ET on May 15th, 2025 has sent shockwaves through the crypto market. The move, triggered by a routine compliance review, led to immediate and substantial price volatility for the token. 24 hours following the announcement, trading volume surged by over 93%, reaching $213 million. This surge in activity was fueled by panic selling from investors seeking to exit positions amid uncertainty surrounding the delisting. The resulting drop saw MOVE’s price plummet nearly 20%.