World Liberty Finance (WLFI), the DeFi protocol backed by President Donald Trump’s family, acquired over $1.9 million of MOVE tokens on Jan. 28.
The move comes amid separate reports that Movement Labs is among the firms discussing blockchain usage with Elon Musk’s Department of Government Efficiency, also known as DOGE.
Bloomberg News, on January 25, reported that Musk wants to use blockchain technology in order to lower government costs. This is part of his Department of Government Efficiency efforts.
According to data on the on-chain, WLFI has acquired 2.4 Million MOVE tokens. These tokens are currently worth more than $1.9 million and make up 0.5% its portfolio.
The news caused MOVE’s price to leap 27% in the past 24 hours, reaching nearly $0.90. At the time of publication, MOVE is currently priced at $0.80.
Movement announces developer mainnet
Movement Network Foundation is also known as launched The second phase of the roadmap was launched on 28 January, when its developer mainnet became available.
Devnet allows select developers to deploy decentralized applications on Movement Network. It also provides new features, documentation and resources for developers.
This phase will last up until mid-February and includes the introduction of critical tools for developers to help ensure an easy development experience.
The devnet deployment follows Movement’s mainnet beta launch in early December, introducing infrastructure components such as follower nodes, RPC nodes, indexers, permissioned smart contracts, and a block explorer.
Movement Network announced that it will launch its Public Mainnet Beta after the completion of the developer phase.
The third phase of the project will allow the full deployment of apps without permission and the onboarding users, thus making the network accessible to a wider community.
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