MASK Token Up Nearly 60% After Binance Launches Bluebird Index

Today, Binance launches the Binance Bluebird Index with x25 leverage. The MASK token price quickly increased by nearly 60% within 24 hours.

According to the official Binance update at 08:00 UTC on November 2, the Bluebird index went live.

Bluebird is a crypto index that tracks the performance of tokens $BNB, Dogecoin ($DOGE) and a lesser known cryptocurrency called Mask Network ($MASK), which allows leverage up to 25 times.

After the activity MASK token recorded a 56.71% increase in 24h and over 400% increase in the past 7 days causing the token price to increase from $2.6 to $5.79.

24h MASK price chart. Source: CoinMarketCap

The reason why this token is so strong can be traced back to the FOMO sentiment towards events related to Elon Musk. The new indicator’s Bluebird name is closely associated with Twitter’s signature. The Mask Network project is also a decentralized social network.

Mask Network was created to build a bridge between Web2 and Web3 social networks. Mask Network provides a portal that allows the use of encrypted messages, decentralized applications (DApps), trading of crypto assets.

Mask Network’s goal is to create a safe and convenient network for users to step by step into the new world of Web3. Considering the Web3 social network factor, Binance’s addition of MASK to the Bluebird index with DOGE and BNB is also understandable. And when MASK is noticed by the big guys, the community will be more and more positive about the potential of this token.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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