Mask Network

Uniswap

Strong

Resistance

Coin

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Mask has found a way to transfer cryptos over social networks.&nbsp;</a> </li> 
 <li> <span>2</span> <a>The MASK token is trading near its immediate support level.</a> </li> 
</ul> 
<p>There is a lesser-known cryptocurrency that has caught the attention of Crypto enthusiasts, which rhymes with a well-known tech billionaire’s name.</p> 
<p>Users of Mask Network have many reasons to use this social media add-on. The protocol provides its users with access to a wide range of features and benefits. It allows users of popular social media platforms to send cryptocurrency directly between accounts, which is a significant achievement for the crypto community.</p> 
<h2 class="wp-block-heading" id="strong-send-cryptos-through-social-media-mask-strong"><strong>Send Cryptos Through Social Media- MASK</strong></h2> 
<p>For years, leading social media companies and blockchain startups have been trying to create a way to send cryptocurrency through social media. Thus, making cryptos more accessible and straightforward.&nbsp;</p> 
<p>However, there has been a lot of regulatory pushback. In the past, regulators have expressed their dislike for social media-powered cryptocurrency projects, such as Facebook’s Libra Coin. Mask has found a unique way to integrate its protocol into the larger network without raising regulatory concerns.</p> 
<p>Mask Network has simplified the entire process by eliminating all technical barriers. Anyone can send value across the world in seconds directly through their social media channels using MASK.</p> 
<h3 class="wp-block-heading" id="strong-what-is-the-initial-twitter-offering-strong"><strong>What is the Initial Twitter Offering&nbsp;</strong></h3> 
<p>The concept of the Initial Twitter Offering is novel, but it has vast potential. Musk intends to enable startups to conduct token launches on Twitter. Imagine scrolling through the Twitter feed and discovering a project that piques a user’s interest. Users can now participate in the token launch event by simply clicking a few buttons. Mask Network also offers a user-friendly interface for utilizing various Web3 apps. It allows users to exchange assets using Uniswap and SushiSwap without leaving Twitter.</p> 
<p>For startups, the prospect of gaining social media exposure and accepting funds from all interested parties is a significant improvement over ICOs.&nbsp;</p> 
<p>Furthermore, hosting an ITO is much less expensive than hosting an ICO since there is no centralized exchange to pay for listings. Additionally, this method provides projects with immediate access to liquidity.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-and-mask-coin-price-prediction-strong"><strong>Technical Analysis and MASK Coin Price Prediction</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="750" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152.png" alt="MASK Coin Price is on Strong Support; Will The Bulls Prevail?" class="wp-image-187316" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152-300x141.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152-1024x480.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152-768x360.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152-1536x720.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152-750x352.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-152-1140x534.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   <a href="https://in.tradingview.com/chart/X78t0Vyp/?symbol=BINANCE%3AMASKUSDT">MASK/USDT</a> chart by TradingView (Daily time frame)
  </figcaption>
 </figure>
</div> 
<p>At the press time, the MASK coin price is trying to take support from its 50-day EMA, which is at $3.54. The immediate support level is $3.42 and the EMAs are on the same level and it shows the support is strong.&nbsp;</p> 
<p>On the other hand, the RSI has just spiked from an oversold level of 70, following the surge in MASK price two days ago. After the present scenario, the price prediction will be bullish as long as the current support is intact.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2024/01/07/understanding-dao-governance-models-and-their-possibilities/" target="_blank" rel="noreferrer noopener">Mask Network </a>has integrated its protocol into the larger network without regulatory concerns and offers a user-friendly interface for utilizing various Web3 apps. The MASK coin price currently seeks support from its 50-day EMA at $3.54. MASK coin price prediction will be bullish as long as the current support holds.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> $3.42 and $2.44</li> 
 <li><strong>Resistance Levels: </strong>$4.77 and $5.97</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.</p>

MASK Coin Price is on Strong Support; Will The Bulls Prevail?

Table of Contents

Thecoinrepublic.com

Other articles published on Jan 8, 2024

Fingerlabs moves into Busan’s Blockchain Offshore Firm Development Center as corporate tenant

Bulls Jump into Rescue: Solana (SOL) & Cardano (ADA) Price Could Go Long Soon

Unraveling the Complexities of Bitcoin ETF Approvals in Today’s Market

Satoshi Now in Dilemma to Reveal Identity or Break Law: Legal Expert

Price Analysis: The Price Of Internet Computer (ICP) Increased More Than 6% Within 24 Hours

The Final Countdown: SEC’s Decision on Bitcoin ETF Approval Looms

Join our free newsletter for daily crypto updates!