
Recent developments in the Mask Network have led to sharp fluctuations in its native MASK Coin. A sudden decision by Binance to delist MASK led to a significant drop in its price, but it also paired MASK with USDC, alongside FLUX and SUSHI. Mask Network experienced severe volatility with its token price dropping 2,885% within 24 hours amidst a turbulent crypto market.
Suspicious outflows were detected from a wallet linked to the Mask Network founder, causing further concern. In another notable event, the founder's crypto wallet was hacked, resulting in the theft of $4M in crypto. As a result, Mask Coin's price decreased by over 30%, plunging further by 52% within a four-hour interval.
Amid the chaos, MASK Coin has in spite of this shown resilience through business diversifications such as the acquisition of Mastodon Server Pawoo.net, as part of a plan to strengthen its decentralized ecosystem. These developments come amid speculations about MetaMask excluding MASK token in its platform and public endorsements of meme coins by prominent individuals such as a U.S congressman. Various price predictions for MASK Coin through 2025 have been speculated on, though the overall sentiment remains bearish.
MASK Coin News Analytics from Wed, 01 Oct 2008 07:00:00 GMT to Tue, 01 Jul 2025 08:40:48 GMT - Rating -8 - Innovation -6 - Information -3 - Rumor -6