MASK Token Surges 14.64% After Orb Acquisition, Outperforming Market With 160% Monthly Gain

Mask Network (MASK) has experienced a notable price increase of 14.64% in the past 24 hours, currently trading at $3.227 according to Binance data. This surge is primarily attributed to positive momentum following the recent acquisition of the Web3 social platform Orb, which has enhanced investor sentiment around Mask Network’s role as a bridge between Web3 applications and social media. Additionally, MASK has demonstrated resilience and outperformance compared to the broader crypto market, which has seen declines among major assets. Despite a recent security incident involving the founder’s wallet, MASK quickly recovered, reflecting strong underlying demand and confidence in the project. The token’s market capitalization stands at approximately $276 million, with a 24-hour trading volume of around $36 million and a total supply of 100 million MASK tokens. Over the past week, MASK is up nearly 27%, and over the past month, it has gained more than 160%, underscoring robust growth and heightened market interest.