Why is Moonriver (MOVR) up 33.86% Today, October 2, 2026? Rally Extends Amid Heavy Trading After Migration Claims Close

MOVR surged 33.86% on exceptionally heavy turnover (~$215.18M volume vs ~$37.79M market cap), indicating aggressive short-term repositioning in a thin market. Attention clustered around the Sept 30 late migration-claims cutoff tied to the project's transition to Base, though causality is unconfirmed. The move diverged from a softer broader crypto tape, suggesting idiosyncratic, event-linked flow and elevated volatility risk near key technical levels.