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Why is the MASK token rapidly gaining popularity?
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Why is the MASK token rapidly gaining popularity?

Nov 9, 2022

In early November, the MASK token gained popularity in the crypto community in the shortest possible time. The coin rose in price by 300% by the time Elon Musk completed the deal to buy Twitter.

Contents:

Launch of the Binance Bluebird Index

On November 3, the Binance Bluebird Index was launched. The essence of his work - to track the behavior of three cryptocurrencies: BNB (the native exchange token), Dogecoin and Mask Network (MASK). If the presence of the first two is unquestionable, given that Binance became an investor in the Twitter deal, then the presence of MASK looks surprising. After all, this is an unknown token with a capitalization of only $127 million.

The launch of the index caused a stir and discussion on the social network and quickly led to rumors that all 3 coins could be integrated on Twitter.

It is not known how the tokens will be used on Twitter. However, Elon Musk has repeatedly noted in his interviews the need to implement cryptocurrency payments on Twitter.

Many experts agree and expect DOGE or other cryptocurrencies to be included in platform updates in the future.

Some analysts are ironic and note that traders began to actively acquire the MASK token because of its name, like another “memcoin”. A new meme “MASK is Musk” even began to spread on the network.

Probability of MASK appearing on Twitter

The founder of the Mask Network, Suji Yang, does not give a direct answer and predictions, regarding the appearance of the MASK coin on Twitter. He noted that Elon Musk can choose any of the tokens

From a technical point of view, the Mask network can be integrated into the interface of the social network if cryptocurrency payments are launched in the future. Also, support for NFT in the form of avatars is not ruled out, as well as interaction with marketplaces like OpenSea or Rarible.

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