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Movement’s Collapse: A Week of Crypto Carnage

Movement’s Collapse: A Week of Crypto Carnage

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-02 17:06:01
0

CoinDesk Recap: Movement’s Very Bad Week

Movement’s catastrophic week sends shockwaves through DeFi—another ’stable’ project proving crypto’s appetite for self-destruction.

Liquidity evaporated faster than a memecoin rally. Developers vanished like Bitcoin maximalists at an NFT gallery opening.

The fallout? Another blow to institutional confidence—just as Wall Street was warming to the idea that maybe, this time, crypto had grown up.

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