Mask Network Token Drops 52% in 4 Hours

Mask Network, a protocol enabling encrypted communications via social media platforms, has recently experienced a significant price drop. On Friday of last week, investors witnessed a 52% decrease in the token's value within a single 4-hour period. This abrupt decline has sparked speculation among investors about whether the token will rebound or continue its downward trend, especially as many other altcoins have shown signs of recovery due to the recent surge in Bitcoin's price.

Since its inception, Mask Network (MASK) has seen an all-time high of $97.92, followed by a substantial drop of 5867.2% in price. At the time of writing, the token is trading at $1.39, marking a 70% decrease from its price of $4.7352 recorded four months ago in December 2024. The token's price trajectory has been volatile, with significant fluctuations observed over the past few months.

Mask Network was initially launched in July 2019 with the primary application of enabling users of Facebook and Twitter to encrypt their posts. The protocol has since evolved to include features such as funding Gitcoin grant campaigns directly from Twitter and providing decentralized storage and peer-to-peer payments. Known as a decentralized Applet (DApplet) ecosystem, Mask Network allows users to access various decentralized applications (DApps) on top of existing social networks without the need to migrate.

Looking ahead, the short-term outlook for Mask Network's price is mixed. According to CoinCodex’s prediction, the token is projected to rise by 41.61% and reach $2.36 by July 10, 2025. However, as of June 10th, 2025, the overall sentiment has shifted slightly bearish, with 17 technical analysis indicators displaying bearish signals, 11 indicating bullish trends, and 7 indicators showing neutral forecasts. This suggests that while there is potential for growth, investors should remain cautious.

For the remaining months of 2025, DigitalCoinPrice predicts that the MASK token’s price could fluctuate between $1.47 and $3.61, with a likely yearly average of $2.83. CoinCodex projects that the MASK token can trade within the price channel of $1.636636 in 2025. However, it is important to note that these predictions are subject to market volatility and should be taken with a grain of salt.

Looking further ahead to 2030, CoinCodex’s prediction suggests that MASK’s price could vary between $3.58 and $4.57. DigitalCoinPrice expects that MASK’s price could climb to $4.84 or $5.99 by the end of 2030. However, it is crucial to understand that cryptocurrencies are highly volatile, and predicting their price five years in advance is challenging. The survival and growth of MASK will depend on its ability to continue building its blockchain technology and partnering with key players in the digital crypto space.

Investors considering Mask Network should be aware of the inherent risks associated with market volatility and the speculative nature of cryptocurrencies. The sentiment in the cryptocurrency market can change rapidly, and tokens that were once considered promising may face delisting from major exchanges. Therefore, it is advisable to conduct thorough research on the token’s fundamentals before making any investment decisions.

Cryptocurrencies, in general, experience rapid price swings driven by market sentiments, community engagement, and events such as token burns. While it is difficult to determine the exact trajectory of the MASK token, potential buying factors may include new partnerships, increased token holders, or viral campaigns. Financial experts can provide valuable insights, but investors should remain cautious, as no one can accurately predict the future price movements of MASK.

Ask Aime: What's the future of Mask Network after a 52% price drop in 4 hours?