MASK token rises by 17% due to whale activity 

The price of Mask Network’s native MASK token has increased by more than 16.9% in the last 24 hours due to large transactions by an unknown whale.

The price of MASK token, the native digital currency of Mask Network, a blockchain protocol that allows users to send crypto, interact with dapps, and more on social media platforms, has posted decent gains in the last 24 hours.

Per a tweet by blockchain analytic platform Lookonchain, the MASK price increase from $3.27 to $4.16 can be attributed to a whale transaction. 

According to data on CoinGecko, MASK token is changing hands for $3.85, with a market capitalization of $262.5 million. This represents a 90% drop from the MASK token’s all-time high (ATH) of $41.45 in February 2021.

The global cryptocurrency market capitalization currently stands at $1.02 trillion, a 0.14% increase in the last 24 hours, according to CoinMarketCap. The bitcoin (BTC) price has decreased by 4.4% in the past seven days, hovering around $22,374 at press time.