Popular decentralised cryptocurrency wallet MetaMask is developing its own native crypto. According to ConsenSys founder Joseph Lubin, it will happen very soon.
MetaMask has always been the first choice for most cryptocurrency enthusiasts when it comes to swapping digital assets. While its core use cases aren’t simple, the platform has earned renown for its protective and future-centric features, which emphasise accessibility and innovation in equal measure.
With the token’s announcement, conversations have started about which crypto wallet native token is the best to watch.
MetaMask: A Leading Crypto Platform With a Lengthy History
MetaMask could be considered one of the oldest decentralised wallets on the market. According to its website, it is regarded as one of the best ways to interact with Web3. While the DEX wallet has a decentralised core, which initially made some of its technical nuances difficult for standard users to leverage properly, it has undergone multiple changes.
MetaMask recently added the buy crypto utility, which allows users to purchase and sell crypto using fiat, a unique aspect for a DEX wallet. It also features an earn program, which is part of MetaMask’s self-custodial staking service and offers users passive income.
Other features of MetaMask include swaps and snaps. The latter allows users to integrate third-party apps with the wallet to enhance functionality. It even has a credit card, enabling users to leverage crypto for daily purchases.
The MASK Token is Coming: Consensys CEO
Consensys CEO Joseph Lubin announced the arrival of the MASK token during talks with a popular crypto publication site, MEXC.com states.
“MASK token is coming. It may come sooner than you would expect right now,” the CEO told the publication, “And it is significantly related to the decentralization of certain aspects of the MetaMask platform.”
It is essential to know that the buzz around the MetaMask wallet’s native crypto has been going on since May. In May, MetaMask’s co-founder, Dan Finlay, said that if the token arrives, it will launch directly on the wallet.
However, so far, the token’s emergence is purely speculation since there have been no developments other than a few comments on tweets. In fact, MetaMask’s official website has not given any information about it. The only token-related details on the website is about MetaMask USD, a stablecoin developed on the DEX in partnership with Bridge and M0.
Invest in this Crypto Wallet Native Coin While Waiting for MASK
Reactions to the announcement have been mixed. Some have lauded MetaMask’s courage to launch a native crypto. Pudgy Penguins devs have been among the more vocal supporters of the token, posting on X that doing all those swaps was worth it.
On the other hand, some have comedically asked if anyone even uses a wallet.
Regardless of the reactions, there is anticipation. While users wait, there is another crypto wallet native coin that investors should focus on: Best Wallet Token.
Best Wallet Token powers Best Wallet, a decentralised cryptocurrency wallet that has been lauded as a strong crypto app by many publications, including the New York Post.
The wallet is known to be the centre of multiple innovations, and one of the best among them is the token launchpad, which lets users invest in presale cryptos while at the zero stage. Best Wallet’s other perks include staking, an interactive interface, and the ability to buy and sell crypto using fiat, much like MetaMask.
Since Best Wallet is a decentralised ecosystem, it has undergone multiple innovations. Recently, it added support for the Solana blockchain and Bitcoin swaps. It has also added a unique gamified ecosystem, allowing users to earn points by opening the Best Wallet app daily.
The Best Wallet ecosystem also includes upgrades like portfolio management and market insights.
So, what role does Best Wallet Token (BEST) play? It enhances all the features. By holding the token, users can invest in crypto presales even earlier, get additional staking perks, and earn discounts on transaction fees. They will also get early access to upcoming features.
Currently in presale, Best Wallet Token has raised close to $16 million. Analysts like Crypto Borch have called it one of the better crypto presales on the market. Its utility makes it stand out, and the fact that the wallet belongs to an already active project, similar to Metamask, means it already has the market’s trust.