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.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Foxy

CoinCu News

Victor

Recent Posts

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

2 hours ago

Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory

BTFD Coin is offering a chance to relive the glory days of meme coin investing,…

3 hours ago

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

3 hours ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

7 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

13 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

16 hours ago

This website uses cookies.