Yat Siu, the founder of Animoca Brands, unveiled a two-phase reward plan for Moka tokens (MOCA) to celebrate Christmas. This initiative, part of the successful launch of the Moka network, has led to over a 17% increase in the Moka token price and widespread attention from the web3 community. On December 23, Yat Siu announced that Moka tokens would be rewarded to those who interacted with his initial post and to the larger Moka community. The plan is executed in two phases: the first phase is dedicated to those who previously interacted with the initial post, and in the second phase, the community is invited to propose their creative activities. The goal of this initiative is to strengthen a decentralized and cross-platform future through the Moka network. With this news, the Moka token price surged over 17% to $0.29 in the past 24 hours. Moreover, in the weekly window, the price of this cryptocurrency has grown by 350% due to listings on major exchanges such as Binance, Upbit, and BitHumb. Currently, the market value of this token is $465 million, with a 24-hour trading volume of $621 million reported. Meanwhile, based on SoSo Value data, 692,000 Moka tokens will be released on December 27. Although this amount is relatively small, token release events usually attract market attention and may have a short-term impact on sentiments. The Moka network version 3 provides new features for users, including digital identity management, data monetization, and seamless interaction in web2 and web3 ecosystems. This update positions the Moka token as a leading asset in the web3 space, playing a key role in the success of this ecosystem. You can monitor the live and real-time prices of all tokens and cryptocurrencies on the digital currencies’ live price page.
