{"id":20293,"date":"2025-04-02T17:32:05","date_gmt":"2025-04-02T17:32:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20293"},"modified":"2025-04-02T17:32:05","modified_gmt":"2025-04-02T17:32:05","slug":"binance-just-killed-mask-network-crypto-mask-price-plummets-38-after-delisting","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20293","title":{"rendered":"Binance Just Killed Mask Network Crypto: MASK Price Plummets -38% After Delisting"},"content":{"rendered":"<div>\n<p>Mask Network crypto drops after reported Binance delisting of MASKUSDT. Will panic selling force MASK even lower?<\/p>\n<p><span data-preserver-spaces=\"true\">MASK, the token behind the Mask Network, is in free fall, shedding a massive 38% in the past day of trading. According to one analyst on X, the crash follows its delisting from Binance, where most trading occurred. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24MASK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MASK<\/a> taken down by <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@binance<\/a> <br \/>no one should cry about this one as they already posted on their X<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f923.png\" alt=\"\ud83e\udd23\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/boC0XdKLTd\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/boC0XdKLTd<\/a><\/p>\n<p>\u2014 $0uL (@spetsnaz_3) <a href=\"https:\/\/twitter.com\/spetsnaz_3\/status\/1907174748338983113?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Based on the daily average trading volume, Binance is the world\u2019s largest and most liquid crypto exchange. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As such, the delisting is a massive blow for MASK. <\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">MASKUSDT Sell-Off Triggers Mass Liquidation<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">On CoinMarketCap, the average daily trading volume for MASK surged by over 340% in 24 hours.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-221983 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735.png\" alt=\"Mask Network crypto drops after reported Binance delisting of MASKUSDT. Will panic selling force MASK even lower?\" width=\"1514\" height=\"594\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735.png 1514w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735-300x118.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735-1024x402.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735-768x301.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735-50x20.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735-308x121.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160135.735-350x137.png 350w\" sizes=\"auto, (max-width: 1514px) 100vw, 1514px\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/coinmarketcap.com\/currencies\/mask-network\/\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">The spike is mainly panic-driven, as traders face massive losses, delist from Binance, scramble for exits, and exacerbate the sell-off.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Hints of panic selling and liquidation could further drive MASK\/USDT price action.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to Coinglass, over $4.64 million in leveraged long positions were liquidated in 24 hours, most of which were on Binance.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-221980 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045.png\" alt=\"Mask Network crypto drops after reported Binance delisting of MASKUSDT. Will panic selling force MASK even lower?\" width=\"1625\" height=\"468\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045.png 1625w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-300x86.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-1024x295.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-768x221.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-1536x442.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-50x14.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-308x89.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02T160011.045-350x101.png 350w\" sizes=\"auto, (max-width: 1625px) 100vw, 1625px\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/MASK\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">However, based on trading volume during the same period, trackers show increased activity building on Bitget.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Why Did Binance Delist MASK?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">For now, the reason why Binance delisted MASK remains unclear.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some link the drop to yesterday\u2019s leverage changes on multiple meme coins, such as ACT and Tutorial, which led to double-digit declines.\u00a0\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Binance&#8217;s leverage changes hit <a href=\"https:\/\/twitter.com\/search?q=%24LEVER&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$LEVER<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24MASK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MASK<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24ACT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ACT<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24DF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$DF<\/a> hard. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6e0.png\" alt=\"\ud83d\udee0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Automated trading systems adjusted at 10:30 UTC, April 1, 2025, triggering sell-offs. By 11:00 UTC, increased volume spread across exchanges, not just Binance.<\/p>\n<p>Social media buzzed with confusion, speculating\u2026<\/p>\n<p>\u2014 Alva (@AlvaApp) <a href=\"https:\/\/twitter.com\/AlvaApp\/status\/1907330763244311018?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">However, given the critical role of Binance in MASK trading, the delisting will severely impact the token, shrinking its liquidity and worsening investor sentiment in the coming weeks.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">When writing, nearly 16% of all trading occurred on Binance, where MASK was paired with the most liquid stablecoin, USDT. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Upbit was also popular among South Korean traders, generating over 14% of all trading volume. Here, traders can swap MASK for KRW and vice versa.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Is There Hope For The Mask Network?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">In late February, suspicious token flows from the founder, Suji Yan, raised concerns about the project\u2019s transparency and financial integrity.\u00a0\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">ALERT<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Our AI-powered system has detected suspicious transactions linked to <a href=\"https:\/\/twitter.com\/suji_yan?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@suji_yan<\/a>, founder of <a href=\"https:\/\/twitter.com\/realMaskNetwork?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@realMaskNetwork<\/a>!<\/p>\n<p>A suspicious address received nearly $4M in digital assets, including:<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 113 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ETH<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 923 <a href=\"https:\/\/twitter.com\/search?q=%24WETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$WETH<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 301 <a href=\"https:\/\/twitter.com\/search?q=%24ezETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ezETH<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 156 <a href=\"https:\/\/twitter.com\/search?q=%24weETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$weETH<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 90 <a href=\"https:\/\/twitter.com\/search?q=%24pufET&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$pufET<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 48.4K <a href=\"https:\/\/twitter.com\/search?q=%24MASK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MASK<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 50K\u2026 <a href=\"https:\/\/t.co\/G8iCUzjJFV\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/G8iCUzjJFV<\/a><\/p>\n<p>\u2014 <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Cyvers Alerts <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@CyversAlerts) <a href=\"https:\/\/twitter.com\/CyversAlerts\/status\/1895089374582218823?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 27, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Yan claimed these withdrawals were likely from a hack and took place on her birthday.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I turned 29 yrs old today, 6 hours ago. Around 3 hours ago \u2013 one of my public wallet I carried on my phone was hacked and 4m$+ assets was stolen. All the stolen tx seems manual and span 11+ mins. <\/p>\n<p>So either the private key was leaked same day as my birthday and hacker manual tsf\u2026 <a href=\"https:\/\/t.co\/SkuIb2nrPf\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/SkuIb2nrPf<\/a><\/p>\n<p>\u2014 Suji Yan \u2013 Mask is BUIDLing (@suji_yan) <a href=\"https:\/\/twitter.com\/suji_yan\/status\/1895103068808642811?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 27, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Although MASKUSD prices stabilized after this alleged hack, the Mask Network\u2019s road ahead remains challenging. It trails some of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"noopener\">best meme coins to buy in 2025<\/a>.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Crucially, the token is in a precarious position.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.tradingview.com\/x\/6xsVPiNw\/\" alt=\"Mask Network crypto drops after reported Binance delisting of MASKUSDT. Will panic selling force MASK even lower?\" width=\"1499\" height=\"859\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/x\/6xsVPiNw\/\" target=\"_blank\" rel=\"noopener nofollow\">MASKUSDT<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">MASK will likely continue sliding unless the team and market makers choose to plug in and stop the bleeding, allowing it to recover and even become one of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">best cryptos to buy<\/a>. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">There is hope from a fundamental perspective.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With backing from Wintermute and Near Protocol, Analog is building the Omnichain Liquidity Hub. The team says this development aligns with its vision of being a portal to the new and open internet.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">9 High-Risk High-Reward Cryptos for 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Binance Delisting Crashes Mask Network (MASK) Price<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Binance delists MASK, forcing a 38% dump<\/span>\u00a0    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">MASK trading volume spikes as investors scramble to exit<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Over $4.64 million of MASK positions were liquidated across exchanges<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>\u00a0    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Suji Yan\u2019s wallets were hacked in late February<\/span>\u00a0    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/binance-just-killed-mask-network-crypto-mask-price-plummets-38-after-delisting\/\">Binance Just Killed Mask Network Crypto: MASK Price Plummets -38% After Delisting<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mask Network crypto drops after reported Binance delisting of MASKUSDT. Will panic selling force MASK even lower? MASK, the token behind the Mask Network, is in free fall, shedding a massive 38% in the past day of trading. According to one analyst on X, the crash follows its delisting from Binance, where most trading occurred. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20293","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20293"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20293\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}