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# M this week: +5% in seven days, positive funding on perps
- URL: https://zipmex.com/blog/m-weekly-2026-09-08/
- Published: 2026-09-08T13:52:04.000Z
- Updated: 2026-09-08T13:52:04.000Z
- Description: Movement closed the week at $0.009005 (+5.0% in 7 days, +27.6% in 30). Market cap, the seven-day range and what the ZIPMEX perp market is charging to hold a position, with sources.
- Author: ZIPMEX
- Tags: M, Cryptocurrency

Movement (M) trades at $0.009005 on September 8, 2026: -2.0% over 24 hours, +5.0% over seven days and +27.6% over thirty. That leaves it 99% below the all-time high of $1.45 set on 2024-12-09\. Here is what the market and the ZIPMEX perp book say about the week, with every number sourced.

## The numbers

| Price                   | $0.009005 |
| ----------------------- | --------- |
| 24 hours                | \-2.0%    |
| 7 days                  | +5.0%     |
| 30 days                 | +27.6%    |
| Market cap              | $39.0M    |
| 24h volume (all venues) | $5.7M     |
| Market rank             | #546      |
| Perp open interest      | $2.5K     |
| Perp 24h volume         | $0.00     |
| Max leverage            | 10x       |

## Perps: funding and open interest

On ZIPMEX Perps the M/USDC market shows an estimated funding rate of +0.0050% per eight hours (last settled: +0.0050%), $2.5K of open interest and $0.00 traded in 24 hours. Positive funding means longs are paying shorts: leveraged traders lean bullish and pay for the privilege. Max leverage is 10x.

## Levels from the last seven days

The seven-day high was $0.009843 on 2026-09-03 and the low $0.008315 on 2026-09-02, a 18% range. Reclaiming the all-time high would take a 161.0x from here. We do not publish price predictions; these are the levels the market actually printed.

## Method and sources

Snapshot taken 2026-09-08 13:52 UTC. Price, supply and market cap: CoinGecko. Perps: ZIPMEX Perps public market data. Volume across all venues and all-time high: aggregated market data. This digest is generated from those feeds and reviewed by ZIPMEX Research; numbers on the [M landing](https://zipmex.com/tokens/m/) refresh every minute.

*Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.*

[M price, chart and security check](https://zipmex.com/tokens/m/)

[Trade M on ZIPMEX](https://trade.zipmex.com/perps/PERP%5FM%5FUSDC?utm%5Fsource=zipmex.com&utm%5Fmedium=article)