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The Coin Rise 2024-12-23 17:37:38

Animoca Brands Sparks 15% Surge in MOCA Token, Here’s Why

Animoca Brands founder, Yat Siu is spreading some holiday cheer to the Web3 community with a special two-stage MOCA token giveaway. This holiday gesture, which rewards early supporters of the Moca Network, has fueled investor optimism. This has led to a surge in the token’s value, pushing it to new heights and drawing renewed attention to Animoca’s decentralized Web3 ecosystem. Animoca Brands and And Growing MOCA Value Yat Siu’s MOCA tokens distribution is in two stages. The first stage focuses on rewarding early post-engagers from July’s initial announcement. The second stage invites the broader Moca community to contribute creative engagement ideas. Sui’s announcement pushed the MOCA’s price by 15%. This marked a significant uptick as the token continued its impressive monthly growth. This came on the heels of a massive 350% rise in the token’s value last week. Following its listings on major exchanges like Binance, Upbit, and Bithumb. Currently trading at $0.288, MOCA boasts a market cap of $459 million, with a 24-hour trading volume of $620 million. This surge in price signals strong investor confidence and a growing belief in the token’s role in the evolving Web3 space. In July, the Web3 platform aimed for 2,000 retweets on his X post, but the goal was unmet. Sui emphasized that the giveaway is not just a festive gesture. It is a move to solidify the project’s community-driven spirit further. Mocaverse and Web3 Synergy: Bridging Digital Realms The excitement around the giveaway highlights the Moca Network’s potential and its flagship product, Mocaverse. This product enables users to manage and control their identities, monetize data, and interact across Web2 and Web3 environments. This initiative aims to reshape how digital identities are handled in Web3. The recent announcement also comes alongside the rollout of Moca 3.0, the network’s latest upgrade. Moca 3.0 improves the functionality of the entire network, making it more seamless and user-centric. Mocaverse remains the platform where users engage with these features. What’s Next for MOCA and the Moca Network? December 27 will see the unlocking of 692K MOCA tokens. While this represents a relatively small percentage of the total supply, token unlocks tend to catch the market’s attention and could influence short-term sentiment. As the network continues to build its decentralized infrastructure , MOCA is emerging as a key driver of the ecosystem’s success. Remarkably, its potential to bridge Web2 and Web3 is becoming increasingly clear. The post Animoca Brands Sparks 15% Surge in MOCA Token, Here’s Why appeared first on TheCoinrise.com .

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