Cryptocurrency Mask Network (MASK) is gaining attention among investors following a successful 450% climb in a week to break through the $5.84 zone due to the acquisition of social media platform Twitter by billionaire Elon Musk.
It is understood that the continuous price increase has occurred over the past two weeks by gaining 413.1% in the past 14 days and 362.5% in the past seven days, and even most of the crypto exchange platforms that signed an agreement with MASK are also among the reasons for the surge.
Among the crypto exchangers that list MASK are FTX, Bybit, MoonXBT, CoinEx, and XT.
The streak, investors expressed their excitement as Musk is likely to include cryptocurrencies such as Dogecoin (DOGE), BNB including MASK for payments on Twitter.
In general, MASK allows users to bring the privacy and benefits of Web3 to social media such as Facebook and Twitter including allowing crypto transmission.
Meanwhile, MASK which is on a trajectory of price increase may have a positive impact on the digital asset, but investors should be careful because the crypto market is currently still in a volatile state.
In the meantime, the price of MASK is expected to continue its climb in the next few weeks following Musk's actions.
In fact, investors are also confident that the digital asset is able to break through the $10 level before the end of this month.
As of this writing, MASK is currently hovering at the price level of $4.55 in the last 24 hours with a trading volume of $85 per day.
