The announcement concerning the potential addition of crypto tokens to Twitter is eagerly awaited by the cryptocurrency world.
After Tesla CEO Elon Musk acquired Twitter and ousted its CEO, Parag Agrawal, Dogecoin’s (DOGE) value rose by over 130% in a single week.
In response to Coinmarketcap information, the rise enabled the meme forex to get better its losses going from $0.2878 on October 31, 2021, to $0.1009 on October 29, 2022. So as to add gas to fireside, the CEO of Binance “CZ” additionally hinted on the attainable acceptance of the BNB token on Twitter.
Binance moreover disclosed the introduction of USDⓈ-M Binance Bluebird Index perpetual contracts (BLUEBIRDUSDT Perpetual Contracts).
https://twitter.com/CryptoNCoffeee/status/1587063746857410560
The Binance Bluebird Index, a cryptocurrency value index first launched in November 2022 and retains monitor of BNB, DOGE, and MASK.
The weighted averages of the tokens’ current USDT costs on the Binance Spot market are utilized in a method to calculate the Index.
The BNB, Dogecoin (DOGE), and Masks cash are all included within the cryptocurrency value index, and market members anticipate that these would be the tokens of alternative for Twitter.
Furthermore, FTX acknowledged that it will record spot and perpetual futures for Masks Community (MASK). Following Binance and FTX, OKX and Bybit have additionally introduced itemizing MASK on their trade platforms. Different cryptocurrency exchanges, together with MoonXBT, CoinEx, and XT, have jumped in to record MASK too.
Customers can ship bitcoins and add privateness options from Web3 to social media websites like Fb and Twitter by utilizing the Masks Community.
A Huge Worth Surge
The Masks Community attracted loads of consideration as a result of its pricing elevated by roughly 450% in a single week. The MASK value was buying and selling at $0.1 per week in the past; at present, it’s buying and selling at over $5.5.
At the moment, the MASK value is $5.63, up greater than 50% from yesterday. The commerce quantity additionally elevated by practically 85% in a single day.
These are, nevertheless, solely speculative, and investing with out due diligence could also be harmful. Thorough analysis have to be completed earlier than investing.