The price of MASK, the native token of Mask Network, is skyrocketing. It has hit a daily high of $5.84 and it had surged by more than 50% in the past 24 hours at press time.
The coin has been on a constant bullish trajectory over the past two weeks following Elon Musk’s Twitter deal as reported in our news. It has gained 413.1% in the past 14 days and 362.5% in the past seven days.
To assist investors who want to buy the Mask Network coin, Invezz has created a brief guide on the best places to buy the coin.
To find out more, please continue reading.
Best places to buy Mask Network coin
What is Mask Network?
Mask Network is a decentralized protocol that allows users to post encrypted messages on Facebook (NASDAQ:FB) and Twitter (NYSE: TWTR). It acts as a bridge between the internet and social media networks.
It was launched in July 2019, and allowing Twitter and Facebook users to share encrypted messages was its first real-world use case. It then raised $2 million in a funding round in November 2020 and a further $3 million in a funding round in February 2021 to expand its ecosystem.
Currently, Mask Network also allows users to conduct fund Gitcoin grant campaigns directly from Twitter.
The protocol also plans to offer peer-to-peer payments and decentralized storage services in future.
Should I buy MASK token today?
If you are looking for a cryptocurrency that is on a bullish trajectory then MASK could be a good choice.
Nevertheless, the cryptocurrency market is an extremely volatile market and it could be quite risky to invest in it especially now that there are a lot of external factors affecting the crypto market at play.
Mask Network price prediction
The price of the MASK coin is expected to continue rallying at least for the next few days and weeks following the excitement caused by Elon Musk’s Twitter deal.
Investors believe that the price of the coin could easily reach $10 before the end of this month if it continues on the same trajectory.
$MASK social media trends
We've all heard the news — @elonmusk has taken over Twitter.
— Mask Network (Bridge to Web3 @Mask.io) (@realMaskNetwork) November 2, 2022
What's the "freed bird" going to be like?
Here's a diagram comparing Twitter's effort in going all Web3 & some features Mask has launched: pic.twitter.com/k01pjEu5kC
🔥 Deposits of $MASK now open! $MASK/USDT will be available for trading from 8AM UTC on Nov 3, 2022. @realMaskNetwork
— Bybit (@Bybit_Official) November 3, 2022
✅ $MASK/USDT will also be supported on #Bybit Grid Trading Bots. https://t.co/nsRAKgu0hW
[ad_2]
Image and article originally from invezz.com. Read the original article here.