Mask Network ($MASK ) has witnessed a sharp decline in the past 24 hours. Below are the main reasons for this drop:
Delisting information on Binance: One of the main factors causing the MASK price to plummet is the information that Binance may delist the MASK/USDT trading pair. This has triggered a strong wave of sell-offs from investors concerned about the token's liquidity.
Negative market sentiment: MASK's price has dropped along with the overall trend of the crypto market, which is currently in a correction phase. This has also contributed to the decrease in investor confidence in this token.
High trading volume: Despite the sharp decline, MASK still maintains a large trading volume, indicating significant interest from investors, especially when the market experiences strong fluctuations.
However, the Mask Network development team has spoken out to reassure the community and committed to continue developing the project in the near future. Positive moves from the team may help MASK recover in the coming time.
So what’s next for the MASK price? Will there be a recovery in the near future, and will the market accept these changes?