The Seychelles-based cryptocurrency exchange HTX, formerly known as Huobi, has announced the listing of the token Move (Movement). HTX users will soon be able to trade the token with tether using spot pair (MOVE/USDT).
The current price of Move Token has reached $0.896, with its volume raised to $7.13B. The market cap of MOVE is at $2B, and 80% of tokens are yet to join circulation; there is room to grow a lot.
This has attracted traders worldwide, and to quench their thirst, exchanges like HTX are listing the token.
As per the announcement, the Move deposits opened at 2:30 (UTC) on December 10 for the HTX users. And the withdrawals for the MOVE token will start at 4:00 (UTC) on December 11.
The Cryptocurrency Exchange has also reported that Move token spot trading (MOVE/USDT) will be opened when the deposit volume meets the demand of market trading, which will be officially announced in advance.
HTX has assured traders that if there are no orders on the order book within 90% ~ 110% of the last price, then all new Market orders placed for buying/selling will be canceled automatically to prevent slippage. And also said to ensure sufficient risk assessment when trading newly-listed tokens, as they are often subjected to high price volatility.
As the Bitcoin price had risen to $1,00,000, following which, many altcoins and many memecoin prices also increased rapidly. But eventually, the Bitcoin price decreased to $97,149, questioning if the bull run is still there or not. So looking at the demand of MOVE token, it would be interesting to have a look at how much its price increases or decreases.
Also Read: MOVE Token Skyrockets Post-Airdrop, Hits $3B Market Cap
