MetaMask Announces Imminent Launch of MASK Token

Key Developments in Ethereum Ecosystem:

Ethereum co-founder and ConsenSys CEO, Joseph Lubin, confirmed the imminent launch of the MetaMask token, MASK. This follows previous rumors since 2021.
The introduction of MASK is linked to decentralizing certain aspects of the MetaMask platform, which has over 30 million monthly active users.
Coinbase’s Base network, a profitable Layer-2 on Ethereum, also hints at launching its own token, setting up a competitive phase for Ethereum-related tokens.
MetaMask's ecosystem continues to expand with products like the MetaMask Card and the stablecoin MetaMask USD (mUSD), now live on Ethereum mainnet and Linea.
Speculation exists about a potential airdrop for active MetaMask users, especially those utilizing in-wallet swaps, though specifics are unclear.
Coinbase CEO Brian Armstrong announced exploration of a token for Base, which has been critiqued for extracting value from Ethereum.

These developments suggest a competitive token launch period within Ethereum's most significant applications, potentially impacting investor strategies.