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


by Christian Encila
for NewsBTC
MetaMask’s Long-Rumored Token May Arrive ‘Sooner Than Expected’, CEO Says

Share:

Consensys chief Joe Lubin has told reporters that MetaMask’s long-awaited native token, widely known as MASK, is “coming” and could appear sooner than many expect.

According to Lubin, the token will be tied to efforts to push parts of MetaMask toward greater decentralization.

MetaMask Plans And Recent Moves

MetaMask has not been idle while the token talk simmered. The wallet recently rolled out a native dollar stablecoin called MetaMask USD, or mUSD, which now plays across Ethereum and the Linea Layer-2 network.

Reports show mUSD’s market presence has already grown, with a reported market cap of $53 million.

What The Token Might Do

Based on reports, MASK is expected to give users more say over certain platform choices, and to reward activity inside the wallet.

Lubin framed the move as part of a decentralization push that includes MetaMask, Linea and other Consensys projects. How rewards or governance will work — who gets what, or when — has not been published.

What Users May See Next

MetaMask’s own co-founder, Dan Finlay, has said previously that if a token is launched it would be promoted directly inside the wallet interface.

That approach is meant to reduce confusion and cut down on scams that copy social posts or emails. Reports suggest the team is weighing options such as targeted rewards for active users, but no formal airdrop plan has been announced.

Scale And Stakes

MetaMask is used by a large audience. Based on prior reporting, the wallet serves millions of users worldwide — some outlets put that figure at over 30 million — which makes any token launch a major event for the broader crypto ecosystem.

A token from a widely used wallet could reach many people fast. At the same time, that reach raises questions about price swings, user safety, and how regulators will view the move.

Timing And Details Remain Sparse

Lubin’s comments make a launch sound imminent, but MetaMask has not released token supply numbers, vesting schedules, or precise rules for distribution.

Until those details appear, users and developers will have to watch official MetaMask channels for confirmation.

Based on reports, the next official word will likely come from MetaMask or Consensys itself and not from third-party posts.

Featured image from Unsplash, chart from TradingView

Read the article at NewsBTC

In This News

Coins

$ 0.0818

+0.25%

$ 1.97K

+0.54%

$ 0.011

-1.43%

$ 0.00...361

$ 3.46


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In This News

Coins

$ 0.0818

+0.25%

$ 1.97K

+0.54%

$ 0.011

-1.43%

$ 0.00...361

$ 3.46


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The Bear Market Has Cost Bitcoin (BTC) and Altcoins Dearly! “730 Billion Dollars Lost in Just 100 Days…”

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Institutional Investment is Exiting Bitcoin (BTC) and Ethereum (ETH), and Flowing into This Altcoin!

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


by Christian Encila
for NewsBTC
MetaMask’s Long-Rumored Token May Arrive ‘Sooner Than Expected’, CEO Says

Share:

Consensys chief Joe Lubin has told reporters that MetaMask’s long-awaited native token, widely known as MASK, is “coming” and could appear sooner than many expect.

According to Lubin, the token will be tied to efforts to push parts of MetaMask toward greater decentralization.

MetaMask Plans And Recent Moves

MetaMask has not been idle while the token talk simmered. The wallet recently rolled out a native dollar stablecoin called MetaMask USD, or mUSD, which now plays across Ethereum and the Linea Layer-2 network.

Reports show mUSD’s market presence has already grown, with a reported market cap of $53 million.

What The Token Might Do

Based on reports, MASK is expected to give users more say over certain platform choices, and to reward activity inside the wallet.

Lubin framed the move as part of a decentralization push that includes MetaMask, Linea and other Consensys projects. How rewards or governance will work — who gets what, or when — has not been published.

What Users May See Next

MetaMask’s own co-founder, Dan Finlay, has said previously that if a token is launched it would be promoted directly inside the wallet interface.

That approach is meant to reduce confusion and cut down on scams that copy social posts or emails. Reports suggest the team is weighing options such as targeted rewards for active users, but no formal airdrop plan has been announced.

Scale And Stakes

MetaMask is used by a large audience. Based on prior reporting, the wallet serves millions of users worldwide — some outlets put that figure at over 30 million — which makes any token launch a major event for the broader crypto ecosystem.

A token from a widely used wallet could reach many people fast. At the same time, that reach raises questions about price swings, user safety, and how regulators will view the move.

Timing And Details Remain Sparse

Lubin’s comments make a launch sound imminent, but MetaMask has not released token supply numbers, vesting schedules, or precise rules for distribution.

Until those details appear, users and developers will have to watch official MetaMask channels for confirmation.

Based on reports, the next official word will likely come from MetaMask or Consensys itself and not from third-party posts.

Featured image from Unsplash, chart from TradingView

Read the article at NewsBTC

In This News

Coins

$ 0.0818

+0.25%

$ 1.97K

+0.54%

$ 0.011

-1.43%

$ 0.00...361

$ 3.46


Share:

In This News

Coins

$ 0.0818

+0.25%

$ 1.97K

+0.54%

$ 0.011

-1.43%

$ 0.00...361

$ 3.46


Share:

Read More

The Bear Market Has Cost Bitcoin (BTC) and Altcoins Dearly! “730 Billion Dollars Lost in Just 100 Days…”

The Bear Market Has Cost Bitcoin (BTC) and Altcoins Dearly! “730 Billion Dollars Lost in Just 100 Days…”

A CryptoQuant analyst stated that Bitcoin and altcoins have lost more than $730 billi...
Institutional Investment is Exiting Bitcoin (BTC) and Ethereum (ETH), and Flowing into This Altcoin!

Institutional Investment is Exiting Bitcoin (BTC) and Ethereum (ETH), and Flowing into This Altcoin!

According to the data, spot Bitcoin, Ethereum (ETH), and XRP ETFs experienced net out...