Movement Token Crashes to Record Lows After Coinbase Delisting Bombshell

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2025-05-01 17:08:56

Movement Plunges to All-Time Low After Coinbase Says It Will Delist Ethereum L2 Token

Ethereum’s Layer 2 token tanks 40% in 24 hours as exchange giant pulls the plug—because nothing says ’decentralized future’ like centralized gatekeepers deciding what survives.

Coinbase’s delisting axe falls: Trading halts May 9 for the little-known L2 project, sending its already shaky liquidity into a death spiral. Market reacts with the subtlety of a sledgehammer.

Silver lining? Another cautionary tale for the ’VC shitcoin playbook’ section of crypto history—right next to the chapter on how exchanges still control the game despite all that ’be your own bank’ rhetoric.

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