As a seasoned crypto investor with over a decade of experience under my belt, I find myself intrigued by the recent listing of Move (MOVE) token on HTX, formerly known as Huobi. Having witnessed numerous market fluctuations and trends over the years, I have learned to read between the lines when it comes to new listings.
HTX, a cryptocurrency trading platform based in the Seychelles and previously known as Huobi, has revealed that it will list the token called Move (Movement). Soon, HTX users can engage in trading this token against Tether (USDT) using the spot market pair (MOVE/USDT).
At the present moment, the value of Move Token stands at approximately $0.896, accompanied by an increased trading volume of around $7.13 billion. The market capitalization for MOVE sits at a robust $2 billion, with 80% of its tokens still awaiting circulation. This suggests that there is significant potential for further growth in the future.
Traders from around the globe have been drawn to this, and in response, platforms like HTX are making the token available. According to the statement, deposit opportunities for HTX users opened at 2:30 (UTC) on December 10 for Move deposits. Withdrawals for the MOVE token will initiate at 4:00 (UTC) on December 11.
The Cryptocurrency Exchange has shared that they plan to launch trading for the Move token against the USDT pair once the deposit volume aligns with the market’s trading requirements. This move will be publicly announced prior.
HTX guarantees traders that if there aren’t any open orders on the order book within a range of 90% to 110% of the last transaction price, any new Market orders for buying or selling will be automatically voided to avoid potential price discrepancies, known as slippage. Additionally, HTX advises traders to carefully evaluate risk when dealing with newly-listed tokens, since these assets frequently experience significant price fluctuations.
With Bitcoin‘s price skyrocketing to $100,000, numerous other cryptocurrencies and meme coins also saw rapid price surges. However, Bitcoin’s price later dipped to $97,149, causing speculation about whether the bull market is still ongoing. Given the current demand for MOVE token, it will be intriguing to monitor its price fluctuations.
Read More
- 15 Charged for converting Drug Cartels’ Cash into Cryptocurrency in U.S.
- XRP Price Eyes $2 Support Level Amidst Market Correction
- OREO Unveils Six New Products for 2025
- Google’s Willow Quantum Chip Sparks Bitcoin Security Debate
- PYTH PREDICTION. PYTH cryptocurrency
- ‘Fast and Furious’ Star Paul Walker Remembered 11 Years After His Death
- ‘Brides’ Finds a Distributor in Neon for Latest New Vampire Horror Movie
- Apple Lands Anya Taylor-Joy Led Drama ‘Lucky,’ Based on Bestseller
- TROTOAR Gallery Bridges Local and Global Art with ‘That’s What’s Up!’
- India signals no fixed timeline for crypto rules, calls for global alliance
2024-12-10 16:40