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The FDV of MOVE tokens exceeds 1 billion, and the price difference on platforms such as Upbit and Binance reaches 150%.
The MOVE token, which was listed for trading yesterday, is priced at 2.5U on the Korean exchange Upbit, while Binance is priced at 1.04U and OKX is priced at 1.053U.
This means that the price difference of this coin between different platforms has reached 150%, showing a strong "abnormality". Previously, Avail also experienced a similar situation.
According to CoinGecko data, the 24-hour trading volume of #MOVE on Upbit reached... x.com/i/web/status/18663248704...
The analysis said: Move is too ruthless. Yesterday, I saw that I could get 25% more coins after the mainnet was launched, so I chose the right side and hedged part of it. Most studios’ low-security accounts must have chosen the right side because of ETH’s Gas problem. In addition, other exchanges have not yet opened withdrawals, and everyone has few coins. As a result, Upbit started to violently pull the price alone, and the prices of other exchanges also went up. x.com/0xSunNFT/status/18663228...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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