MetaMask Ethereum Token: Traders Bet on Timing as Joe Lubin Hints at Imminent Drop

Core Insights - MetaMask is expected to launch a native token, potentially named MASK, as part of its decentralization roadmap, according to Joe Lubin, CEO of Consensys [3] - Prediction markets indicate a 32% chance of the token launching before November 1, and a 46% chance of it being released by the end of the year [2] - MetaMask has been a key revenue driver for Consensys since its inception in 2016, and the company has been hinting at a token launch since 2021, focusing on progressive decentralization rather than a speculative frenzy [4] Company Developments - Consensys raised $7 billion in its Series D funding round in 2022, with MetaMask and Infura highlighted as core revenue drivers [4] - MetaMask has introduced new features such as staking and bridging, and recently launched a stablecoin called mUSD, indicating preparation for a token economy [5] - The launch of the Linea layer-2 Ethereum network and LINEA token is seen as groundwork for future token-related developments [4][5]