5 Million Dollar from Cryptocurrency Market Maker to Altcoin: Price Has Started to Rise! - Coin Bulletin

DWF Labs, after a 5 million dollar investment in Mask Network (MASK), the token price increased by 13% to reach 1.19 dollars.

DWF Labs, which aims to strengthen the decentralized social network infrastructure, announced a collaboration with Mask Network, targeting the project to serve as a bridge between the Web2 and Web3 worlds. The goal of this strategic investment is to rapidly build the social infrastructure that will guide the next phase of the open internet.

Mask Network is a project aimed at integrating Web3 features into social media platforms. It allows users to send encrypted messages on Web2-based networks, share NFTs, and interact with DAO structures. With the support of DWF Labs, this vision can expand even further.

MASK price reacted positively to investment news

After the announcement, the MASK price quickly rose by about 13% and started to be traded at $1.19. While investors welcomed this development positively, there was also a noticeable increase in token trading volume. Similar rally examples can be found in projects previously invested in by DWF Labs.