The native token of movement, an Ethereum-layer-2 network built using the Facebook-created Movevm Coding Language, jumped on Tuesday after Donald Trump-supported world-freedom-purchased tokens. There was also a new report that the network is among blockchains in the discussion with the Elon Musk-led department of government efficiency (DOGE).

Moving token spiked as much as 20% to $ 0.89 on the news before you paired some of the winnings, still up 13% during the day at the press time.

The research happened as the World Liberty Financial, supported by President Donald Trump and his family, acquired a total of $ 2 million value of moving tokens in several batches during the data by Arkham Intelligence shows.

Adding to the winnings was an X-post of good subsequent Krypto Sleuth DBNews at. 14:48 UTC that movement is one of the teams discussing blockchain use for the government. Elon Musk, the technical entrepreneur who heads the Department of Government Efficiency, who is tasked with finding ways to reduce government spending, reportedly investigating blockchain technology for operation, including tracking federal expenses, securing data, making payments and managing buildings. Doge representatives have reportedly had conversations with leaders from several public blockchains, Bloomberg reported last week.