The Dogecoin (DOGE) community got pretty excited after Elon Musk officially took over Twitter. They were so sure that Musk would not forget his beloved dog DOGE that soon the altcoin price skyrocketed. However, a different altcoin is now being named for Twitter integration. Moreover, the price of this altcoin has increased by about 450% in a week.
Crypto exchanges listed MASK, altcoin ramped up!
After Tesla CEO Elon Musk took over Twitter, speculations that he will use crypto for payment support have swept the market. This naturally leads to ‘Which cryptocurrencies to choose?’ raised the question. The first crypto that comes to mind is undoubtedly Dogecoin (DOGE), the meme coin that Elon Musk is a fan of. Later, the names of Binance Coin (BNB) and Mask Network (MASK) were passed.
What made it interesting here was that several crypto exchanges announced that they were listing or launching MASK-related products. Is the listing of cryptocurrency exchanges and the price rally that followed a clue? Or is it just a hoax? However, it is impossible to avoid the rumor. Because there is already a belief in a crypto Twitter that MASK will come to Twitter. Most likely, it is thought that Musk, who admires him, will choose an identical token with his own name.
Crypto exchange FTX has announced that it has listed Mask Network (MASK) spot and perpetual futures. OKX and Bybit also followed up with Binance and FTX to announce the MASK list. Meanwhile, other crypto exchanges such as MoonXBT, CoinEx, and XT entered the MASK list. Mask Network allows users to send crypto as well as bring privacy and benefits from Web3 to social media such as Facebook and Twitter.
cryptocoin.comAs you follow, the crypto community jumps right into any announcement surrounding possible tokens to be added to Twitter. Elon Musk hinted at promoting Dogecoin (DOGE) on Twitter because he is a Dogecoin fan. All in all, the DOGE price increased by over 130% in one week.
In addition, Binance CEO hinted at BNB support for payments on Twitter. Also, Binance announced the launch of USDⓈ-M Binance Bluebird Index perpetual contracts (BLUEBIRDUSDT Perpetual Contracts). The cryptocurrency price index tracks cryptocurrencies including BNB, Dogecoin (DOGE) and MASK. Many believe that Elon Musk is likely to add these crypto assets for payment support on Twitter.
DOGE did 130%, MASK did 450%
After Elon Musk’s Twitter debut, the DOGE price increased by over 130% in a week. Now another altcoin has traveled to the moon with the influence of Twitter. After his name was mentioned with Twitter, Mask Network became the center of attention. MASK prices skyrocketed by about 450% in a week. A week ago, MASK was trading at $0.1. It is now trading at $5.64.
At the time of this writing, MASK price is trading at $5.64, up 41.5% in the last 24 hours. In addition, the trading volume increased over 85% in one day. However, we must remind you that these are just speculations. So investing without research is definitely risky.
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