Currencies35030
Market Cap$ 4.29T-0.92%
24h Spot Volume$ 57.20B-5.48%
DominanceBTC53.85%+0.11%ETH12.61%-0.38%
ETH Gas0.21 Gwei
Cryptorank

After Coinbase’s BASE, MetaMask Teases MASK Token


by Parth Dubey
for Coinspeaker
After Coinbase’s BASE, MetaMask Teases MASK Token

Ethereum ETH $4 529 24h volatility: 1.2% Market cap: $546.70 B Vol. 24h: $26.41 B co-founder and ConsenSys CEO Joseph Lubin has confirmed that the long-anticipated MetaMask token, MASK, may arrive sooner than expected.

This comes just as Coinbase’s Base, Ethereum’s most profitable Layer-2, hints at launching its own token.

This sets up a high-stakes token season for Ethereum’s most critical apps.

In a recent interview, Lubin hinted that the MASK token could drop earlier than most anticipated. He added that the new crypto is closely related to the “decentralization of certain aspects of the MetaMask platform.”

Rumors of a MetaMask cryptocurrency started in 2021, when Lubin tweeted “Wen $MASK?” and speculation took hold.

However, the team behind MetaMask denied token launch rumors earlier this year after LogX listed pre-market MASK trades. This is the first time Lubin has directly acknowledged the rollout.

MetaMask’s Growing Ecosystem

MetaMask’s 30 million monthly active users make it the largest Ethereum gateway, far outpacing competitors. The wallet has rapidly expanded into payments with the MetaMask Card and even launched its own stablecoin, MetaMask USD (mUSD), now live on Ethereum mainnet and layer-2 network Linea.

Co-founder Dan Finlay previously confirmed that any token launch would be integrated directly with the wallet, guaranteeing instant visibility to millions. He also noted that today’s “relaxed regulatory environment” makes launching safer than in past years.

Airdrop Buzz Builds

Crypto community is already expecting that active MetaMask users, especially those who use in-wallet swaps, could be eligible for a MASK airdrop. Some are calling it “the biggest airdrop in history.”

While details remain scarce, community expectations are sky-high. Eligibility might depend on regulatory filters like KYC or geographic restrictions, but sentiment remains bullish.

Coinbase’s Base Token Rumors

The timing of the MASK launch is interesting. Earlier this week, Coinbase CEO Brian Armstrong confirmed that the exchange is “exploring” a token for Base, its fast-growing L2 network.

Base, launched without a token in 2023, has already become Ethereum’s most profitable L2. The chain faces criticism from Standard Chartered for “extracting” value from Ethereum.

If Base does introduce a token, it would join MASK in marking a new wave of Ethereum-aligned tokens.

The post After Coinbase’s BASE, MetaMask Teases MASK Token appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

MetaMask’s Long-Rumored Token May Arrive ‘Sooner Than Expected’, CEO Says

MetaMask’s Long-Rumored Token May Arrive ‘Sooner Than Expected’, CEO Says

Consensys chief Joe Lubin has told reporters that MetaMask’s long-awaited native toke...
Ethereum Targets $5,300 With Cup and Handle Pattern Ahead of Fusaka Upgrade

Ethereum Targets $5,300 With Cup and Handle Pattern Ahead of Fusaka Upgrade

Ethereum slipped 3% on Friday as developers confirmed plans to roll out the Fusaka up...

After Coinbase’s BASE, MetaMask Teases MASK Token


by Parth Dubey
for Coinspeaker
After Coinbase’s BASE, MetaMask Teases MASK Token

Ethereum ETH $4 529 24h volatility: 1.2% Market cap: $546.70 B Vol. 24h: $26.41 B co-founder and ConsenSys CEO Joseph Lubin has confirmed that the long-anticipated MetaMask token, MASK, may arrive sooner than expected.

This comes just as Coinbase’s Base, Ethereum’s most profitable Layer-2, hints at launching its own token.

This sets up a high-stakes token season for Ethereum’s most critical apps.

In a recent interview, Lubin hinted that the MASK token could drop earlier than most anticipated. He added that the new crypto is closely related to the “decentralization of certain aspects of the MetaMask platform.”

Rumors of a MetaMask cryptocurrency started in 2021, when Lubin tweeted “Wen $MASK?” and speculation took hold.

However, the team behind MetaMask denied token launch rumors earlier this year after LogX listed pre-market MASK trades. This is the first time Lubin has directly acknowledged the rollout.

MetaMask’s Growing Ecosystem

MetaMask’s 30 million monthly active users make it the largest Ethereum gateway, far outpacing competitors. The wallet has rapidly expanded into payments with the MetaMask Card and even launched its own stablecoin, MetaMask USD (mUSD), now live on Ethereum mainnet and layer-2 network Linea.

Co-founder Dan Finlay previously confirmed that any token launch would be integrated directly with the wallet, guaranteeing instant visibility to millions. He also noted that today’s “relaxed regulatory environment” makes launching safer than in past years.

Airdrop Buzz Builds

Crypto community is already expecting that active MetaMask users, especially those who use in-wallet swaps, could be eligible for a MASK airdrop. Some are calling it “the biggest airdrop in history.”

While details remain scarce, community expectations are sky-high. Eligibility might depend on regulatory filters like KYC or geographic restrictions, but sentiment remains bullish.

Coinbase’s Base Token Rumors

The timing of the MASK launch is interesting. Earlier this week, Coinbase CEO Brian Armstrong confirmed that the exchange is “exploring” a token for Base, its fast-growing L2 network.

Base, launched without a token in 2023, has already become Ethereum’s most profitable L2. The chain faces criticism from Standard Chartered for “extracting” value from Ethereum.

If Base does introduce a token, it would join MASK in marking a new wave of Ethereum-aligned tokens.

The post After Coinbase’s BASE, MetaMask Teases MASK Token appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

MetaMask’s Long-Rumored Token May Arrive ‘Sooner Than Expected’, CEO Says

MetaMask’s Long-Rumored Token May Arrive ‘Sooner Than Expected’, CEO Says

Consensys chief Joe Lubin has told reporters that MetaMask’s long-awaited native toke...
Ethereum Targets $5,300 With Cup and Handle Pattern Ahead of Fusaka Upgrade

Ethereum Targets $5,300 With Cup and Handle Pattern Ahead of Fusaka Upgrade

Ethereum slipped 3% on Friday as developers confirmed plans to roll out the Fusaka up...