#Mask
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As of June 2, 2025, Mask Network (MASK) is trading at approximately $2.58 USD. The price has experienced a slight increase of 1.18% over the past 24 hours. The intraday high reached $2.79, while the low was $2.53.
Recent Developments
Price Surge: MASK has seen a significant uptick in price recently, attributed to strategic investments and renewed investor interest. Notably, a $5 million token purchase by DWF Labs aimed at promoting decentralized social media has contributed to this momentum.
Security Incident: In a concerning event, Mask Network's founder, Suji Yan, reported a loss of approximately $4 million worth of crypto assets due to a wallet hack on his birthday, February 27, 2025. This incident has raised questions about security practices within the crypto community.
Market Outlook
Despite recent challenges, including the aforementioned security breach, MASK has demonstrated resilience with a price increase of over 40% in the past week. Analysts suggest that if the bullish trend continues, MASK could test the $3.00 resistance level in the near future.
For real-time updates and further details, you can visit CoinMarketCap or Coinbase.