**IOTA Kicks Off the MOVEATHON Hackathon with a $150K Prize Pool, Calling All Developers to Create with Move on IOTA!**
IOTA is excited to announce the launch of the MOVEATHON Hackathon, in partnership with AngelHack, featuring a fantastic prize pool of $150,000! Starting today, March 3, 2025, developers and teams are invited to register and start building innovative applications using the Move programming language on the IOTA network. This hackathon is designed to spark creativity and introduce fresh utilities to the ecosystem, making it a thrilling opportunity for builders everywhere.
In a tweet from IOTA, they shared, “It’s official – we’re launching an #IOTA #MOVEATHON in collaboration with @AngelHack! Registration for the very first IOTA Hackathon opens March 3rd, 2025, inviting builders to develop with Move on IOTA, with over $150,000 in prizes up for grabs!”
The MOVEATHON is set to be a gateway to the future development environment of IOTA’s next generation. Participants can look forward to engaging workshops, AMAs, and mentoring sessions throughout the event. The hackathon follows a structured timeline, leading up to an exciting showcase in Singapore on June 6, 2025. To sweeten the deal, travel expenses of up to $500 per person will be covered for the top teams!
The competition is organized into four main tracks, encouraging contestants to create applications focused on payments, tokenization, DeFi solutions, and infrastructure tooling. Additionally, a community winner will be chosen through live voting, promoting interaction and collaboration among developers.
**Top Three MOVEATHON Winners to Share a $75,000 Prize Pool!**
The MOVEATHON prize money will be allocated across various categories to ensure broad participation and recognize exceptional projects. The top three overall winners will take home $35,000, $25,000, and $15,000, respectively. Each of the four competition tracks will offer rewards ranging from $2,000 to $8,000, while winners of bonus missions will share a total of $15,000. Plus, the community favorite will receive a special $5,000 award sponsored by the Tangle Community Treasury DAO.
IOTA’s decision to embrace the Move programming language signifies a commitment to enhancing flexibility and security for decentralized applications. By offering resources and financial incentives, the MOVEATHON aims to attract developers eager to explore the full potential of blockchain technology.
**IOTA Token Surges 32% as Trading Volume Soars Over 685%!**
Following the announcement, the IOTA token has seen a significant price increase, currently trading at $0.2659, reflecting a 32.55% rise in just 24 hours. Weekly gains are also impressive, with a 10% increase noted. Trading volume has skyrocketed by 685.55%, reaching $279.5 million in the last day.
Key technical indicators suggest a continued bullish trend, with support levels between $0.2500 and $0.2600, while resistance is anticipated at $0.2800 and $0.3000.
Get ready to innovate and join the MOVEATHON!
