According to the latest developments, Coinbase is a registration movement (moving).
The official announcement did not clearly state the reason for the decision to delist. The exchange regularly inspected whether listed altcoins comply with listing standards and announced whether the decision to abolish the movement has been made. The listing process will take place on May 15th.
The move was recently rocked by allegations that a market maker partnered with which he inflated the price of the move when the coin first launched. Movement Labs, the Move developer community company, has begun investigating the issue.
*This is not investment advice.
