Hi Friends, thank you for taking the time to stop by.
I just monitored the MASK/USDT chart on MEXC, and... wow 😵
The price $MASK plummeted without obstacles😆from $3.71 to $1.70 in just a few hours — a drop of about 47%!
What Really Happened to MASK?
The previous spike was caused by rumors of listing & speculation of high volume.
After touching $3.71, there was an immediate massive sell-off (see the large red volume on the chart).
There could be many whales or large traders taking profits together.
There is no official negative news from Mask Network, so this is purely market action, not because the project is a scam.
Is this Good for Investment?🤔
🟡 If you are interested in the short term (trading):
⚠️ Be careful, the volatility is very high. Suitable only for experienced individuals.
🟢 If you are interested in the long term (investor):
MASK is a project that has a long-term vision, which is:
Web3 integration with social media platforms (Twitter & Facebook)
Focus on privacy & decentralization
But you have to be ready to withstand large volatility, because this project often becomes a target for traders' speculation!!!
How about you? Have you been following MASK for a long time or just found out when the price fell? Will you take a position, hold, or skip for now?
How about you who bought when the price of Mask was above? Are you now a masker? 😁😁😁