- Mask Network (MASK) price prediction ranges from $5.648 to $13.684.
- Analysis suggests that the MASK price might reach above $15 soon.
- The MASK bearish market price prediction for 2023 is $3.2.
Apart from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and gain experience with new cryptocurrencies. Mask Network (MASK) is one of them.
With Mask Network, members of major social networking sites may securely send cryptocurrency, engage with distributed applications, and exchange encrypted material. The protocol enables users to do things like send encrypted tweets and even cryptocurrency.
If you are interested in the future of MASK and want to know its predicted value for 2023, 2024, 2025, and 2030 – keep reading!
Mask Network (MASK) Market Overview
HTTP Request Failed… Error: file_get_contents(https://api.coingecko.com/api/v3/coins/mask-network): Failed to open stream: HTTP request failed! HTTP/1.1 429 Too Many Requests
What is Mask Network (MASK)?
Through the Mask Network gateway, users can access the world of the decentralized web or Web 3. Mask Network connects Web 2 and Web 3, allowing users to access Web 3 via existing mainstream platforms. Simply put, Web 2 is what the general public considers to be the “internet.” Web 3 entails recovering decentralized control of user data and constructing a censorship-resistant, open internet powered by new technologies such as blockchain.
In addition to P2P Payments and distributed file storage, Mask Network will allow Twitter users to donate to Gitcoin grant campaigns. Rather than forcing users to switch social networks, Mask Network, this decentralized portal, makes it possible to use DApps like cryptocurrency payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs), and decentralized organizations(DAO) directly within the platforms they’re already familiar with.
Mask Networ’s extension is compatible with several blockchains. It’s compatible with the likes of Twitter and Facebook. The Mask Network extension allows users to conduct multiple things. A user’s online anonymity can be increased by using the Mask Network. Users can communicate in encrypted communication, transfer and receive cryptocurrency, share files, and use decentralized applications.
Mask Network runs on the Ethereum network, which is currently transitioning to proof-of-stake. As part of their initial token offering, Mask Network released their Mask tokens on Twitter (ITO). Twitter users can take part in token launches directly through ITO. ITO capabilities are available on the Ethereum, Binance Smart Chain, and Polygon Blockchains. Users can take part in a token sale on Twitter right from their accounts. The platform also asserts that its Twitter account, blogs, and other social media channels are used to notify the ITO of Mask tokens.
As a bonus, users can earn MASK tokens by being the liquidity providers on the QuickSwapliquidity pool. In addition, users can stake QUICK tokens to acquire MASK tokens.
Analysts’ View on Mask Network (MASK)
A crypto analyst mentioned that To reach $8.7, $MASK appears to need to consolidate for a little while longer.
Another analyst tweeted that the target price of $19.199 is still in play, so the price of $MASK may rise even further.
Mask Network (MASK) Current Market Status
The maximum supply of Mask Network is 100,000,000 MASK, while its circulating supply is 76,150,000 MASK, according to CoinMarketCap. At the time of writing, MASK is trading at $7, representing a 24-hour increase of 25%. The trading volume of Mask Network in the past 24 hours is $347,994,794, representing an 85.96% increase.
Some top cryptocurrency exchanges for trading Mask Network (MASK) are Binance, Coinbase Exchange, Huobi Global, KuCoin, Uniswap, and others.
Now that you know what Mask Network is and its current market status, we shall discuss the price analysis of Mask Network (MASK) for 2023.
Mask Network (MASK) Price Analysis 2023
Currently, Mask Network is ranked in the 84th position on CoinMarketCap. Will developments and upgrades within the Mask Network community increase the price of Mask Network (MASK)? We shall see this in this Coin Edition price analysis 2023 article.
Mask Network (MASK) Price Analysis – Keltner Channel
The Keltner Channel is a technical analysis indicator that assesses volatility above or below the candlesticks to identify trend directions. Given that the price is in the first half of the Keltner Channel, more people are purchasing MASK than are selling it. Because the most recent candlestick is bullish and staying inside the first half of the Keltner channel, it’s possible that the price of MASK will go up even more before the expected change.
Mask Network (MASK) Price Analysis – Relative Strength Index
To determine whether an asset is oversold or overbought, the Relative Strength Index (RSI), a technical analysis indicator, measures the relative momentum in the magnitude and speed of recent price changes. The RSI reading for the Mask Network (MASK) 1-day chart of MASK/USDT is 67.61. MASK is in a strong trend because a strong trend requires an RSI value between 50 and 70. An RSI value of 67 means that MASK can reach a few highs before a reversal happens.
Mask Network (MASK) Price Analysis – Moving Averages
The chart above shows the 1-Day MASK 200-day and 50-day Moving Average (MA) chart. Currently, MASK has been trading above both the 200-day and 50-day moving averages. It means that MASK has been trading bullish. Moreover, the 50-day moving average is above 200-day moving average, which clearly shows that the market is favoring the bull run at the moment.
Also, since the gap between the moving averages is linear but for a complete bull run to happen, it needs a huge gap between the two moving averages.
Mask Network (MASK) Price Prediction 2023
Looking at the 1-Day chart of MASK/USDT, MASK continuously has bullish momentum. Moreover, MASK has been trading above the 200-day moving average, denoting that the market is being favored by bulls at the moment. However, MASK is currently in the critical area of resistance. If the bears want to snatch the market from the bulls, we can expect to have a bounce back from the resistance area and drops to the support level at $3.
If not, MASK can break out of the resistance and move higher above, it can reach up to $14. Meanwhile, our long-term MASK price prediction for 2023 is bullish since it cannot break the present support level. We can also expect MASK to reach $15 in 2023.
Mask Network (MASK) Price Prediction – Resistance and Support Levels
Above is the 1-Day technical chart of MASK/USDT. During the past 30 days, the price of MASK has ranged from $2.6131 to $7.0930. MASK may test its prior support at $3 if bears gain momentum and drive the price lower.
However, if buyers have their way, the price of MASK might be dethroned from its current downtrend position and be able to break its current resistance level and rise higher. For 2023, a bullish signal would be a MASK price trend above the $14 level.
Mask Network (MASK) Price Prediction 2024
There will be Bitcoin halving in 2024. For this reason, and also because of how people feel about the coin and how much money people want to put into it, we can anticipate that the market will rise. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect MASK to trade at a price not below $23 by the end of 2014.
Mask Network (MASK) Price Prediction 2025
The Bitcoin halving the previous year suggests that most cryptocurrencies will likely break through additional psychological resistance levels, meaning that the price of MASK will probably trade above its 2024 price. As a result, by 2025, MASK’s share price might reach $32.
Mask Network (MASK) Price Prediction 2026
Given that the maximum amount of MASK possible has already been amassed, the bearish market that follows a strong bullish run may have little effect on its previous price as more institutional investors join its platform. By doing so, MASK’s price may deviate from its historical trend and trade at $49 by the end of 2026.
Mask Network (MASK) Price Prediction 2027
Given that Bitcoin will be cut in half, investors anticipate a bullish run in 2028. Due to investors’ optimism, the price of MASK may consolidate its prior gains and even break through additional psychological barriers. By that logic, by 2027’s end, MASK could be worth $60.
Mask Network (MASK) Price Prediction 2028
Bitcoin will undergo a halving in 2028. Thus, a bullish run may follow 2027’s expected market consolidation. The effect of media coverage of the halving of Bitcoin in any given year is to blame. It is, therefore, possible that the market could attain a higher high value. Mask Network (MASK) could hit $77 by the end of 2028.
Mask Network (MASK) Price Prediction 2029
By 2029, there could be a lot of stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of MASK to $108 by the end of 2029.
Mask Network (MASK) Price Prediction 2030
The cryptocurrency market experiences high stability due to early investors’ hodling activities to maintain future gains in the price of their assets. We could expect the price of Mask Network (MASK) to trade around $150 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the previous years.
Mask Network (MASK) Price Prediction 2040
According to our long-term Mask Network price estimate, Mask Network prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $320 by 2040. If the market turns bullish, the price of Mask Network could go up beyond what we predicted for 2040.
Mask Network (MASK) Price Prediction 2050
According to our Mask Network forecast, the average price of Mask Network in 2050 might be above $628 If more investors are drawn to Mask Network between these years, the price of Mask Network in 2050 could be far higher than our projection.
Conclusion
MASK might reach $15 in 2023 and $150 by 2030 if investors decide that MASK is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
Through the Mask Network gateway, users can access the world of the decentralized web or Web 3. Mask Network connects Web 2 and Web 3, allowing users to access Web 3 via existing mainstream platforms. Simply put, Web 2 is what the general public considers to be the “internet.” Web 3 entails recovering decentralized control of user data and constructing a censorship-resistant, open internet powered by new technologies such as blockchain.
Like other cryptocurrencies, Mask Network (MASK) can be traded in cryptocurrency exchanges like Binance, Coinbase Exchange, Huobi Global, KuCoin, Uniswap, and others.
There aren’t many crypto assets still appreciating, but MASK is among the ones rising in value. As long as this bullish trend continues, MASK might break through $17 and reach as high as $25. Of course, if the current market favoring crypto continues, it will likely happen.
MASK is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We could also say that MASK is a great cryptocurrency to invest in this year because it has recently formed partnerships and collaborations that have made it easier for people to use.
The lowest price of MASK is $0.9752, attained on October 21, 2022.
It was launched in July 2019.
Mask Network (MASK) price is expected to reach $14 by 2023.
Mask Network (MASK) price is expected to reach $23 by 2024.
Mask Network (MASK) price is expected to reach $32 by 2025.
Mask Network (MASK) price is expected to reach $49 by 2026.
Mask Network (MASK) price is expected to reach $60 by 2027.
Mask Network (MASK) price is expected to reach $77 by 2028.
Mask Network (MASK) price is expected to reach $108 by 2029.
Mask Network (MASK) price is expected to reach $150 by 2030.
Mask Network (MASK) price is expected to reach $320 by 2040.
Mask Network (MASK) price is expected to reach $628 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
Post Views: 821
Source: https://coinedition.com/mask-network-price-prediction/