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The Token Move collapses to its historical minimum after the exclusion of coinbase from the list and the market creation controversy

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  • Coinbase has announced that it will eliminate Move from the list in the midst of a controversy over the USD tokens overturn 38 million.
  • The price of Move has reached a historical minimum, 84% less than the maximum of December 2024.
  • The co -founder of Movevent Labs, Rushi Manche, has been suspended in the midst of a governance and audit investigation.

The Token Move of the Movement Network, based on Ethereum, has collapsed at unprecedented depths after the announcement of coinbase of its imminent exclusion from the list on May 15, 2025.

Following the accusations about a tokens dump of USD 38 million and questionable market creation agreements, the Exchange has put Move in a limit mode before deciding that it no longer complied with its contribution criteria.

The market creation scandal

Coinbase’s decision to suspend all new operations occurred after internal documents revealed that Movement Labs had signed a market creation agreement that granted undue influence to an external intermediary.

The agreement, which links Web3port and a dark company called Rentech, allegedly granted Rentoch the right to get rid of significant amounts of Move once the totally diluted assessment of the Token reached the USD 5 billion.

Shortly after Move made his debut in the stock market, Rentech executed a rapid mass sale that triggered a precipitate of price collapse, eroding the confidence of investors in a matter of hours.

Movement Labs responded by establishing a 38 million USD reserve fund to repurchase the downloaded tokens, but critics have indicated that to date tangible actions of repurchase have not been materialized.

Binance further intensified the crisis by freezing funds linked to the same market creator, which aggravated concerns about the governance and transparency of the project.

In the midst of these events, Movement Labs suspended co -founder Rushi Manche on May 2, while an independent review directed by the intelligence firm Groom Lake is still ongoing.

Manche has publicly distanced himself from the tokens dump, stating that the bad actors manipulated the agreements between racks and rejecting any personnel in sales outside the market.

Despite these guarantees, the sudden leadership agitation only deepened the aura of uncertainty surrounding the strategic direction of Move and the governance reforms.

The Token Move hits hard

After the notice of only coinbase limit of May 1 and the formal announcement of exclusion of the list, the price of Move collapsed more than 20% to a historical minimum near USD 0.18, before rebounding at USD 0.1985 at the end of this edition

Source: Coinmarketcap

The Token lies more than 86% below its maximum of December 2024 of $ 1.45, which illustrates how the specific turbulence of the project can eclipse the broader rebounds in the market.

At the close of this edition, Move market capitalization was approximately USD 496.27 million, with an amazing increase of 398.04% in the volume of 24-hour operations and a volume-capitalization ratio of market greater than 116.66%.

The circulating supply of the Token of 2.5 billion Move and a total limit of 10 billion have drawn attention to the possible vulnerabilities of sale pressure in the middle of a low liquidity.

The technical indicators offer little respite, since both the relative force index (RSI) and the divergence of convergence of the mobile average (MACD) continue their descent without pointing out any bullish divergence or imminent reversion.

In Elliott waves, Move seems to be on the fifth extended wave of its bearish cycle, which suggests that more falls could be achieved if the extension target of 1.61 of USD 0.136 is met.

The feeling of the community has been markedly grated, with the discussions of Telegram oscillating between relief to avoid more losses and direct accusations of another cryptocurrency fraud.

A spokesman for the Movement Network Foundation emphasized that the suspension was not permanent and that conversations with Coinbase are ongoing, with the aim of restoring trade if the standards are met.

However, the delay of Movedropp’s fiance air launch and the absence of a specific schedule for the deployment of the strategic reserve have left many skeptical tokens holders.

With an approximate number of 33,850 holders and a totally diluted assessment that continues to be around 1,980 million dollars, interested parties face a hard uphill battle to recover confidence.

As Movement Labs navigates through governance audits, repurchase promises and the possible restoration in the main exchanges, Move’s future depends on transparent accountability and a tangible remediation.

Just addressing the structural failures exposed by the market creation scandal and complying with recovery commitments, Movement can expect to save the credibility and value of your token.

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Tancoin collapses 55% from its peak, but risk capital firms still have more than 400 million dollars

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  • The key support levels are between $ 3.50 and $ 4.00, with a possible rebound if it is maintained.
  • Tancoin experienced a 20% increase on March 17 after Pavel Durov returned to Dubai.
  • OKX Ventures invested $ 5 million in the development of native TON applications in December 2024.

Toncoin ($ ton), the native cryptocurrency of The Open Network, has experienced strong volatility during the last year, and its value collapsed 55% since its June peak, 2024 of $ 8.24.

At the time of writing this article, Toncoin quote $ 3.50.

Fountain: Coinmarketcap

Despite this decrease, the interest of investors remains strong, particularly among the main venture capital companies, which together have more than 400 million dollars in $ ton.

This financial support is a sign of long -term confidence in the network, even though legal issues and controversial air releases have tarnished their short -term perspective.

Ton’s volume of operations increases

While $ ton has fallen significantly from their maximums, recent technical indicators suggest that operators are closely observing a possible break.

Tancoin is currently testing critical support levels between $ 3.50 and $ 4.00.

This area is considered a decisive point for Token.

The volume of operations has increased by 18%, indicating a renewed activity, although the impulse remains mixed.

An inverted head and shoulder pattern (H&S) is being formed in the graphics, often associated with bullish reversals.

If $ ton manages to stay above the range of $ 4.00– $ 4.50 (which corresponds to the neckline of the H&S structure), could pave the way for a recovery to $ 5.00– $ 5.50.

The relative force index (RSI) is currently 58.37, just below the overcompra territory.

However, a fall below $ 3.00 would reinforce the bearish trend and cancel the bullish signals.

Since its launch, Toncoin has risen more than 800%, but its recent price action shows a growing sensitivity to both market dynamics and external developments.

Legal and air launch issues

Recent fluctuations of the Tancoin price cannot be explained solely by technical factors. External events have had a significant impact on investor confidence.

In the second half of 2024, the legal problems that involved Pavel Durov, the creator of Telegram and a key figure behind the Ton project, pressed the market.

Although Durov was allowed to return to Dubai on March 17, 2025, which caused a 20% increase in the price of Toncoin, the episode joined a series of challenges.

Criticism also increased on the air releases of Hamster Kombat and Notpixel, which used the Ton block chain infrastructure.

These events aroused concern in the community about transparency and equity in the distribution of rewards.

Despite the controversy, The Open Network continued to be one of the highest performance 1 layer block chains last year and continued to attract user activity and the interest of developers.

VC have 400 million dollars

The confidence of investors in the long -term viability of Toncoin has been reinforced by the growing institutional support.

In December 2024, OKX Ventures announced an investment of $ 5 million in Ton Ventures, a fund dedicated to support native telegram applications in the block chain.

The fund focuses on attracting experienced developers and creating tools that foster a broader adoption of the Ton network.

Among the risk companies with notable shares in $ Ton are Sequoia, Ribbit, Benchmark and Skybridge.

The accumulated VC investment in Toncoin now exceeds $ 400 million.

This level of institutional exposure indicates that, despite the winds against the short term, many expect the network to grow even more, especially as the decentralized applications created in Ton become more common.

Launched in 2021

Tancoin’s trip began in 2018 when it was conceptualized by the creators of Telegram.

After facing regulatory obstacles, the main network of the block chain was finally operational in May 2021.

Since then, it has evolved to becoming a decentralized layer of layer 1, which houses a variety of applications that include games, decentralized exchanges and minialy composed with the Telegram interface.

The close integration with Telegram has helped Ton differentiate in a crowded blockchain market.

However, this association has also made the network susceptible to events that involve the dome of the messaging platform, as seen with the impact of Dorav’s legal case.

Despite volatility, the Ton ecosystem continues to grow, with an increasing number of users and a greater activity of developers.

The challenge now consists of maintaining the technical impulse while navigating the broader regulatory panorama.

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Pi Network token collapses 77% from its peak, even when Pifest attracts 1.8 million users

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  • 4.9 billion tokens are already in circulation.
  • Pifest 2025 had 1.8 million users from 58,000 merchants.
  • Technical data indicates a greater fall, with the RSI below 20.

The token of Pi Network, Pi, is on a marked descending trajectory, losing more than three quarters of its value since its February peak.

Despite the efforts to boost adoption, including the high -profile Pifest 2025, technical indicators and tokens unlocks are increasing the pressure on cryptocurrency.

As the market in general increases, with Bitcoin quoting above the $ 84,000 and Ethereum keeping above $ 1,820, the pronounced PI drops distinguishes it for all the wrong reasons.

With more than 126.6 million tokens unlocked only this month, the problem of excess supply continues to weigh a lot in feeling and prices.

Pifest increases use, but the price drops

The recent impulse of Pi Network to encourage adoption in the real world culminated in Pifest 2025.

The event attracted the participation of more than 125,000 vendors and 58,000 merchants, who collectively allowed more than 1.8 million pioneers to use PI for daily transactions.

These included from Cafés and Boutiques from Cafes and Boutiques to Payments in Independent Cars and Services Workshops.

Despite the large scale and the useful usefulness demonstrated during the event, PI failed to register a positive prices reaction.

The Token, on the other hand, continued his free fall and now quotes at $ 0.5483.

This is a decrease of more than 25% only in the last week.

Since its historical maximum of $ 2.98 earlier this year, PI has now lost 77 percent of its value, which raises serious doubts about the effectiveness of the Pi Network adoption strategy.

Fountain: Coinmarketcap

126 million tokens unlocked in March

The price drop is aligned with the monthly unlocks of Pi Network tokens, which are releasing new tokens to the market at a much faster rate than demand can absorb.

There are already more than 4.9 billion tokens Pi in circulation and this month 126.6 million more will be unlock.

On average, the network has been releasing 133 million tokens every month, and another 1,540 million tokens will be unlocked during the next year.

This increase in supply, without a corresponding increase in the purchase pressure or liquidity, is cited as the main reason behind the persistent bearish tendency of the Token.

Technical indicators support this perspective. PI currently quote below its exponential mobile (EMA) average of 20 periods, a bearish indicator, and the relative force index (RSI) has fallen below 20, entering over -sales territory.

Analysts point out that, although the RSI can indicate overall, there are still no strong signs of a reversal.

The triangle pattern indicates a greater fall

From a technical perspective, the Pi price movement follows a descending triangle formation, a pattern often linked to a continuous bearish impulse.

Unless there is a clear breakdown of this employer, analysts believe that PI could soon fall below $ 0.50 if the current sales pressure continues.

If a recovery occurs, the Token could reach the USD 1.53 again, but such a movement would require a significant change in demand and feeling.

The bullish conditions of the cryptocurrency market in general only highlight the low performance of Pi.

While other assets benefit from institutional interest and high liquidity, PI continues to have difficulties with bags in bags and generalized skepticism.

The history and reputation of the project raise challenges

Pi Network launched in 2019 with a mining model based on references and mobile devices.

It remained largely non -transferable until the launch of the main network, after which it obtained lists in bags such as Bitget, OKX and Mexc.

However, concerns persist about their long -term viability.

The project still faces criticism due to lack of liquidity, unclear cases beyond events such as Pifest and resistance of the main platforms.

An important Exchange, Bybit, has openly refused to include Token.

This position has further limited the exposure and liquidity of the Token in a competitive market where visibility and merchandability are essential for success.

Despite the recent promotion efforts, the future of Pi Network remains uncertain.

Market observers believe that, unless the tokens unlock schedule is reviewed or that the real demand of users reaches the supply, it is unlikely that the bearish trend is reversed.

For now, the growing number of tokens in circulation and the lack of support from the exchanges continue to exceed the initiatives promoted by the network community.

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Cardano’s price collapses by tariff risks while Pepex gains ground

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The cryptocurrency market has reversed the slight recovery it had registered earlier for the week, as financial markets assimilate the last wave of Trump tariffs. After Trump’s announcement that the US government will impose tariffs of 10 % to all imports, the fear and greed index of cryptocurrencies has fallen from a neutral zone to the extreme of fear.

Even so, revolutionary projects such as Pepex are still attractive to cunning investors seeking opportunities beyond the main cryptocurrencies. In addition to the observable potential of registering solid growth once it reaches the public, its presale has been profitable for both the first users and for long -term holders.

With each three -day stage, the price of your token increases by 5 %. At the end of the presale, on June 22, their holders will have accumulated up to 311 % of profits.

PEPEX wins upward impulse while investors bet on their potential

Pepex has maintained an upward impulse, raising more than 1.2 million dollars in the first 10 days of its presale. As the first memecoins launch platform in the world promoted by AI, investors are excited about their greatest transparency, equity and accessibility.

To begin with, it is eliminating any type of control that previously hindered retail investors without programming knowledge to create and trading their own memecoins. In addition to allowing the creation of a memecoin in just 5 minutes, it facilitates the automatic launch of successful memes in Dex.

In addition, Pepex has introduced effective measures such as anti-suiping protection, which seek “that fair cryptocurrency launches will be fair again.” In fact, one of the aspects that distinguishes the project from others such as Pump.Fun is the limitation of the participations of the creators to 5 % of the total supply. This puts control in the hands of the community, thus ending the notorious tendency to internal manipulation.

In addition to its potential to multiply its price after its launch in the third quarter, the presale offers an irresistible opportunity for the most cunning investors. The initial price of Token was $ 0.02 and is now 0.0232 dollars, with a 5 % increase in each stage of three days. At the end of the presale, scheduled for June 22, long -term holders will enjoy accumulated profits of up to 311 %. Hurry up and buy the Token Pepex here!

Cardano’s price extends losses as tariff concerns weigh on risk assets

Cardano’s price He experienced a slight rebound during Wednesday’s session, but failed to attract enough buyers to maintain the impulse. In fact, he deleted the earnings registered earlier for the week, quoting a minimum of one month on Thursday.

Compared to the level of fear of 40 last week and the neutral level of 44 on Wednesday, the cryptocurrency fear and greed index fell to 25 on Thursday. The greatest risk aversion occurs while financial markets assimilate the last wave of Trump tariffs. According to Trump’s announcement on Wednesday, USA will impose 10 % tariffs on all imports in the country. In addition, higher rates will be applied to countries that the US government considers that they have bad commercial practices. While Trump considers this approach as a way to revitalize the American manufacturing sector, both investors and experts fear that tariffs are inflationary.

Cardano Price Graph

Price chart Ada | TrainingView

A look at Cardano’s daily price graph indicates that the Altcoin will probably remain under short -term pressure. At their current level, the bulls are interested in defending the support in the lower Bollinger band of 0.6195 dollars. If they succeed, it could be maintained inside the range, with the Bollinger average band of 0.7017 dollars as a resistance zone to take into account. However, a new setback could push the Altcoin at least 0.5845 dollars.

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