The $141 Million Corpse: How Movement Chain's Bankruptcy Exposes the Death Spiral of High-FDV, Zero-Revenue L1s
Hook $141.4 million. That's the total funding raised by Movement Chain. Now...
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Independent validator client goes live on mainnet
Team and early investor shares released
Block reward halving event
92 million ARB released
Block reward reduced to 3.125 BTC
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$62,853.8 |
| 1 |
Ethereum
ETH
|
$1,848.77 |
| 1 |
Solana
SOL
|
$71.97 |
| 1 |
BNB Chain
BNB
|
$576.2 |
| 1 |
XRP Ledger
XRP
|
$1.06 |
| 1 |
Dogecoin
DOGE
|
$0.0691 |
| 1 |
Cardano
ADA
|
$0.1750 |
| 1 |
Avalanche
AVAX
|
$6.2 |
| 1 |
Polkadot
DOT
|
$0.7809 |
| 1 |
Chainlink
LINK
|
$8.08 |
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Hook $141.4 million. That's the total funding raised by Movement Chain. Now...
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