Move Industries Rebrands Amidst MOVE Token Price Drop: Governance Overhaul, Liquidity Concerns

The cryptocurrency project Move Industries is undergoing significant changes following the dramatic decline of its token, MOVE. After firing co-founder Rushi Manche due to undisclosed deals, the company rebranded as Move Industries. New leadership, Torab and Vibe Sommalier, takes the helm with promises of improved governance. 34% down in value, the MOVE token is now facing delisting by major exchanges like Coinbase, further raising liquidity concerns. The industry grapples with a wave of market instability fueled by this scandal.