At 13:51 UTC on September 8, 2026, Movement's token (ticker MOVE) traded at about $0.0090. That was 2.0% lower than 24 hours earlier, about 5.1% higher than a week earlier and about 25% higher than a month earlier on daily closes. Most of the gain came from a rally in the last ten days of August. Since then the price has held in a narrow band. Even after the rally, MOVE was about 99.4% below its all-time high of $1.45, set in December 2024.
The numbers on September 8, 2026
| Measure | Value | Comparison point |
|---|---|---|
| Price, 13:51 UTC | $0.009000 | — |
| 24-hour change | -2.0% | $0.009188 at 13:51 UTC, Sept 7 |
| 7-day change | +5.1% | $0.008565 at 13:51 UTC, Sept 1 |
| 30-day change (daily close) | +25.1% | $0.007162 close, Aug 8 → $0.008960 close, Sept 8 |
| All-time high | $1.45 | December 2024 |
| Distance from all-time high | about -99.4% | needs about a 161x rise to return |
| Maximum supply | 10 billion MOVE | — |
Prices come from DeFiLlama's coin price API, which takes its data from CoinGecko. Percentages are calculated from those prices.
Where the move came from: the late-August rally
The weekly gain is small next to what happened just before it:
- August 18: MOVE closed at about $0.00584, the lowest daily close in the 30-day window.
- August 27: The daily close reached about $0.00944. That is a rise of about 62% in nine days.
- August 30–31: The price fell back to about $0.0080–$0.0081.
- September 1–8: Daily closes stayed between about $0.00846 (Sept 2) and $0.00973 (Sept 3). The range was about 15%, and the week ended near $0.0090.
MOVE's late-August rally in daily closes
How far did MOVE's daily close climb from its August low, and where did it settle in the week to September 8, 2026?
Data table
| Item | USD | Source |
|---|---|---|
| Aug 8 close | 0.007162 | |
| Aug 18 close (30-day low) | 0.00584 | |
| Aug 27 close | 0.00944 | |
| Sept 2 close (week low) | 0.00846 | |
| Sept 3 close (week high) | 0.00973 | |
| Sept 8 close | 0.00896 |
Shows only selected daily closes from DeFiLlama's CoinGecko-based price data. It leaves out intraday highs and lows, the other days in the window and trading volume, and it cannot show where the price goes next.
What Movement is building now
Movement is a Layer 1 blockchain built on the Move programming language. On its official site it describes itself as "a settlement and yield layer for emerging markets": stablecoin settlement rails plus yield products. According to CoinGecko, MOVE is used for gas fees and staking.
Recent dated announcements from Movement's own site:
- August 7, 2026: El Vecino (a New Jersey remittance provider), the wallet provider RISE and Movement launched WhatsApp-based stablecoin remittances from the US to Mexico. Recipients can be paid through SPEI, Mexico's bank transfer system, or collect cash at OXXO and Circle K stores. The first phase is a pilot with El Vecino's 20,000 users. The partners say a second phase could reach an estimated 800,000 users through the RISE network.
- July 28, 2026: CEO Torab Torabi wrote that "Move Industries is the company building Movement today". He said the network targets banks, regulated fintechs and payment providers, starting with emerging markets.
- August 6 and September 3, 2026: Two essays on cross-border payment costs. Neither announced a product or a token change.
The bankruptcy in the background
MVMT Labs, Inc., Movement's original core developer, filed for Chapter 11 reorganisation in a Delaware court. ForkLog dates the filing to July 15, 2026. Movement's July 28 update says: "Neither Move Industries, the Movement Network Foundation, the $MOVE token, nor the network itself is part of that filing."
ForkLog reported these details from the court registry:
- 200 to 999 creditors
- Assets of $100,001 to $500,000 and liabilities of $1 million to $10 million
- A hearing on August 27
- A claims deadline of September 14
- A deadline of October 13 for the reorganisation plan
What to watch
- The bankruptcy case: whether MVMT Labs files its reorganisation plan by the October 13 deadline and what it proposes.
- Remittance rollout: whether the Mexico pilot moves to its second phase.
- Price range: whether MOVE holds the $0.0085–$0.0097 band it traded in during the first week of September.
Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.