The price of MOVE has surged by over 15% in the past 24 hours after reports revealed that Movement, the network behind the token, is in talks with Elon Musk’s Department of Government Efficiency (DOGE) team about blockchain use.
The news boosts confidence because the DOGE Department studies blockchain to make government operations more effective. Movement’s partnership with Musk’s team will make MOVE token more popular among users.
The token’s value increased further as Donald Trump’s World Liberty Financial spent $1.98 million to buy 2.398 million MOVE tokens. Under Trump’s presidency, the company has maintained its habit of buying altcoins.
As co-founder of Movement Labs, Rushi Manche feels proud to lead the first blockchain platform under America’s new government. He posted on X about his ongoing talks with DOGE’s founder, Elon Musk, which increased interest in MOVE’s future potential.
MOVE’s price rises also follow the news of Movement Network’s beginning to operate its developer mainnet. The second stage of Movement network deployment has started as developers can now use the platform. The mainnet expansion will bring new technical features and core infrastructure to boost growth until mid-February.
The network’s progress and product launches make MOVE an asset to follow, while its value should increase when more users join the platform.
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