MoveApp (MOVE)

60+ crypto firms dead in 7 months and we're barely halfway through 2026.

$MOVE filed Chapter 11 after a market maker dumped 66M tokens. BitMEX shutting down in September. BitMart winding down. AscendEX couldn't get MiCA licensed.

Bear markets don't kill projects.

The millions raised went into the pockets of the people on the team https://t.co/7VGyXGYwUH

July 2026 will forever be remembered as a bloodbath for crypto and web3 projects

> July 10th – @AscendEX_ confirms that it is shutting down, citing regulatory and operational pressure

> July 22nd – Movement Labs, creator of $MOVE token, files for bankruptcy

> July 23rd – @BitMEX announces that it will cease operations following a strategic review of the business

> July 24th – @dango DEX makes decision to wind down, seeing "no viable path to a lasting commercial success"

> July 26th – @BitMartExchange commences an orderly wind-down of trading platform operations

> July 31st – @PinguExchange to close down its platform, shutting down permanently

And that's not even mentioning projects like Loopring, SecondFi, Ctrl Wallet, Zapper, ODOS, Xenea, and many others

RIP our fallen brothers

Crypto is cleaning house

Bottom is closer than you think