The movement is found under the projectors of the cryptography market in the middle of rumor considerations of the Doge d’Elon Musk for the integration of the blockchain.
In recent weeks, cryptography market players have struggled to follow the rapid influx of Pro-Crypto political developments under the administration of President Donald Trump.
Just like the digest market The implications of the Trump decree Pressing for clear and favorable cryptography regulations and the creation of a national stock of digital assets, another significant development seems to be on the horizon.
More specifically, the reports now suggest that the government can integrate blockchain technology in the context of efficiency and transparency efforts with motion blockchain, a layer of layer 2 Ethereum, in sight .
Move jumps on government integration rumors
Saturday January 25, Bloomberg reported That the Elon Musk government’s Ministry of Effectiveness plans to integrate blockchain technology into the US government in the context of its efforts to make government more efficient and transparent, citing people with knowledge.
Quick advance until Tuesday, January 28, new reports suggest that the movement is one of the blockchains envisaged for this new movement. Elon Musk’s Doge and Movement Labs have not yet confirmed these reports, but that has not prevented traders from speculating.
* Movement among companies discussing the use of blockchain with the Musk DOGE team: Source
* Bloomberg has reported that Musk’s Doges assess blockchain technology for the government’s efficiency effort
– DB (@ tier10k) January 28, 2025
In the middle of the reports, MOVE, the native token of the Ethereum LAYER 2 channel, is being made a wider correction on the market.
More specifically, the asset increased up to 12% during the day and 20% compared to its Tuesday, January 28 to exchange up to $ 0.8486 on Wednesday, January 29, while other active prudence Before the interest rate decision of the federal reserve.
Adding more to speculation, DEFI project linked to Trump World Liberty Financial purchased 2.4 million moves, worth almost $ 2 million on Tuesday.
Movement is an Ethereum Layer 2 network with zero knowledge based on the Move programming language, which has been developed for the late Stablecoin project of Facebook. The language has gained notoriety in blockchain in recent years, as its use in popular blockchains of new generation Aptos et suis highlights.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.
