Mask Network (MASK)
Browser extension for decentralized social media features that never achieved mainstream adoption; token has no revenue model
Ranked 216th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
MASK scores 82 of 250 across the 25-variable framework, which places it 216th of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.
The score rests on P/S Multiple 5/10, 38th of 251 and Exchange Depth 5/10, 73rd of 251.
Against the same universe, MASK sits in the bottom third on Team Execution 3/10, 208th of 251, Vesting Schedule 3/10, 204th of 251, Insider Selling 3/10, 201st of 251 and Real Staking Yield 2/10, 199th of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for MASK. Price has to be justified by demand rather than absorbed against a cliff.
MASK trades 99.14% below its all-time high of $41.45. Recovering that level is a 116.3x move, not a 99.14% one, which is the arithmetic most drawdown charts hide.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 2 | 166th of 251 | |
| Revenue Trend | 2 | 191st of 251 | |
| P/S Multiple | 5 | 38th of 251 | |
| Real Staking Yield | 2 | 199th of 251 |
Supply
| Supply Inflation | 3 | 199th of 251 | |
| Vesting Schedule | 3 | 204th of 251 | |
| Circulating / FDV Ratio | 6 | 88th of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 3 | 149th of 251 | |
| Insider Selling | 3 | 201st of 251 | |
| Holder Concentration | 3 | 197th of 251 |
Traction
| TVL Trend | 2 | 189th of 251 | |
| Active Users | 3 | 149th of 251 | |
| Developer Activity | 4 | 158th of 251 | |
| Network Growth | 3 | 156th of 251 |
Position
| Market Share | 3 | 131st of 251 | |
| Competitive Moat | 3 | 175th of 251 | |
| Institutional Adoption | 3 | 115th of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 4 | 86th of 251 |
Risk
| Regulatory Safety | 5 | 102nd of 251 | |
| Catalyst Calendar | 3 | 158th of 251 | |
| BTC Alpha Potential | 3 | 114th of 251 | |
| Team Execution | 3 | 208th of 251 | |
| Treasury Runway | 4 | 181st of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
X (Twitter) and Farcaster integrations driving decentralized social narrative
Principal risk
Product-market fit never proven; large outstanding supply releases from team and investors
Market and supply
| Price | $0.3582 |
| Market cap | $35.8Mrank 554 |
| All-time high | $41.4524 Feb 2021 |
| Circulating supply | 100,000,000 |
| Eventual supply (max supply) | 100,000,000 |
| Dilution to full supply | 1x |
| Listed on | Binance, Bybit, Huobi |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to MASK measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Sources
- [Mask Network Blog] Mask Network extension allows encrypted posts and DeFi within Twitter/X but DAU estimates remain in the low thousands
- [CoinGecko] MASK token down 98.3% from ATH with only 55% circulating; no fee revenue mechanism exists
- [Mask DAO] Mask Network invested in early-stage DeSoc projects (Lens, Cyber) but indirect value accrual to MASK is speculative
Common questions
- What is the Early Thunder score for Mask Network (MASK)?
- MASK scores 82 out of 250 on the 25-variable framework, ranking 216th of 251 rated tokens (bottom quartile). The framework verdict is PASS.
- What are MASK's strongest fundamentals?
- MASK ranks highest on P/S Multiple 5/10, 38th of 251 and Exchange Depth 5/10, 73rd of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the MASK thesis?
- MASK scores in the bottom third of the universe on Team Execution 3/10, 208th of 251, Vesting Schedule 3/10, 204th of 251, Insider Selling 3/10, 201st of 251 and Real Staking Yield 2/10, 199th of 251. The single risk carried on the scorecard is: Product-market fit never proven; large outstanding supply releases from team and investors
- How much MASK supply is still to enter circulation?
- 100% of eventual MASK supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is MASK from its all-time high?
- MASK trades 99.14% below its all-time high of $41.45. Returning to that high requires a 116.3x move from the level used in this scoring pass.
- Which tokens have a similar profile to MASK?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to MASK are SUPER (67), MANTA (76), MODE (72) and JASMY (67). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for MASK?
- X (Twitter) and Farcaster integrations driving decentralized social narrative
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.