The native movement token, a layer 2 of Ethereum built using the Movevm coding language created by Facebook, jumped on Tuesday after the tokens bought World Liberty Financial backed by Donald Trump. There was also a new report that the network is among the block chains under discussion with the Government Efficiency Department (Doge) led by Elon Musk.
The movement token shot up to 20% to $ 0.89 in the news before reducing some of the profits, even 13% during the day at the time of publication.
The advance occurred when World Liberty Financial, backed by President Donald Trump and his family, acquired a total of $ 2 million in movement tokens in several lots during the morning hours of the United States, and the first transaction occurs to the 14:22 UTC, Blockchain The Arkham Intelligence data show.
In addition to the profits, there was an X Publication of DBNews of well -followed cryptographic detectives at 14:48 UTC that the movement is one of the teams that discussed the use of blockchain for the government. Elon Musk, the technology entrepreneur who is the head of the Government’s efficiency department responsible for finding ways to reduce government expenses, is exploring blockchain technology for operations that include tracking federal expenditure, ensuring data, making payments and managing buildings. According to reports, Doge representatives have had conversations with leaders from several public blockchains, Bloomberg reported last week.
