Binance has announced a delay in the second phase of the MOVE token airdrop linked to uncertainty in the Movement project. Tokens had already been transferred to the exchange's wallets.
Reasons for the Delay of MOVE Airdrop
Binance reported the delay of the second MOVE token airdrop just hours after the Movement Foundation had deposited the tokens for the airdrop. Binance stated, 'Due to ongoing developments related to the Movement project, we have decided to postpone the MOVE HODLer Airdrops until further clarity is provided by the project regarding the situation.'
Changes in Movement Foundation
The Movement Foundation announced a leadership change after suspending co-founder Rushi Manche. The new leadership, named Move Industries, will take over from May 7. They have prioritized the Movedrop event, which the community is eagerly anticipating.
Community Reaction to Changes
The project's community has expressed frustration over the sinking value of the MOVE token and the delayed airdrop. The new leadership aims to engage more transparently with the community and enhance governance, which may alleviate tensions and restore trust.
The delay of the MOVE airdrop and the leadership change in the Movement Foundation highlight the project's instability and the community's disappointment. Expectations for improvements remain high.
