Movement (MOVE) reached its all-time high of $1.45 on December 10, 2024, rising in tandem with the market as bulls dictated pace.
However, with top coins slumping to multi-month lows in recent weeks, MOVE bucked the trend to hit an all-time low of $0.37.
This dump on March 4, 2025 meant the altcoin had pared all the gains made during the bull run post Donald Trump’s election.
But could MOVE be on the cusp of a 66% jump?
Movement price prediction
A descending trendline marked key rejection points for MOVE in the past three months. But bulls have signaled a potential upward strengthening, particularly with a 26% surge from the all-time lows.
Notably, about 20% of this upside has come in the past 24 hours, with MOVE gaining after Trump-backed World Liberty Financial’s latest purchase.
According to Arkham, the Trump family project World Liberty spent $21.5 million via Cow Protocol between 5:34 and 5:58 UTC+8 on March 6 to purchase 4,468 ETH, 110.6 WBTC, and 3.42 million MOVE. intel.arkm.com/explorer/addre…
Also, Movement is among the top performing alts as the crypto market looks forward to the first ever White House Crypto Summit.
Top altcoins, including Ethereum, Solana and XRP have seen price increases ahead of this event – which many analysts say could be a major catalyst for a fresh leg up for BTC and alts.
Several small cap projects are also recording decent gains.
White House crypto summit
Since Sunday, March 2, 2025, crypto chatter has largely revolved around Trump’s announcement of coins that will be in the US strategic crypto reserve.
The sentiment continues ahead of the inaugural White House Crypto Summit set for Friday, March 7, 2025.
Indeed, the past week has seen notable statements around crypto from Trump, his crypto Czar David Sacks and Secretary of Commerce Howard Lutnick.
Add to this the potential for the White House event to bring in the ‘who’s who’ of the crypto world.
Strategy founder Michael Saylor, Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, Chainlink co-founder Sergey Nazarov and Robinhood CEO Vlad Tenev are among those to have confirmed attendance.
The list is long, and a possible catalyst for why some of the coins, including XRP, Cardano, Solana, and Chainlink, are rising today. On top of this is the question of US-based tokens.
Could MOVE price benefit from this outlook?
Anticipation ahead of the summit is that Trump’s pledge to make the US the crypto capital of the world is good news for “Made in USA” projects. Aave, Avalanche, Aptos, and Hedera as well as Stellar, Sui, and Filecoin, fall into this category.
Movement (MOVE) also cuts and already soared on news related to the US government before.
In January, the price of Movement spiked nearly 20% amid reports that the Department of Government Efficiency (DOGE), headed by Elon Musk, was looking to tap into the blockchain for transparency.
While this speculation has faded, the possible support the Trump administration is giving to crypto in the US has MOVE bulls’ eyeing fresh momentum.
If a breakout happens, buyers could target gains above $0.80 and then the psychological $1 level.
A 66% spike from current levels to a new ATH is also likely a short-term objective for bulls.
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