MetAmask has issued a statement on Platform X that clearly states that any items related to the transactions of MetAmask token ($bask) or the former market transactions are not affiliated with Consensys.
No meta pulse air conditioner or token exists
Metamask firmly stated that it did not launch any official tokens. The company emphasized on its verified X account that there is no mask token and warned users about recommendations for fraudulent claims. Despite these clarifications, misleading advertising and promotions are still circulating, facilitating speculative platforms that have no formal connection to consensus.
Note that the transactions representing metabol bunker tokens or items that are traded before the market are not related to consensus.
No metamask token.
These ads and promotions are targeting speculative platforms that are not relevant to consensus without our participation or…
– metamask.eth🦊 (@metamask) March 3, 2025
These unauthorized promotions have attracted attention from the cryptocurrency community as they try to attract users to illegal platforms. MetAmask strongly recommends that users verify information from official sources and conduct thorough research and then interact with any projects claiming to be related to the MetAmask brand.
The community responds strongly to false information
Despite official denials, false information quickly gained attention on social media. Some well-known X accounts, including Smokey, the head of Polygon’s community, were excited about the unverified claim, which inadvertently led to the spread of misinformation. This led to widespread speculation that MetAmask is ready to launch its own token and make a major airdrop.
As the rumors spread, many users began to post expectations about them, exacerbating further hype and misleading more people because they believed that the metabol bunker token was about to be released. However, this statement has no solid foundation. In fact, Spencecoin.eth, a team member of Consensys and Metamask, made it clear in its X Bio: “No Metamask Airdrop”, which clearly shows that Metamask has no plans to issue a token.
Source: X
DEX promotes fake $mask token
Compounding the situation, the decentralized exchange LOGX faces a rebound to list unverified mask tokens on its former market trading platform. On the evening of March 3, LOGX unexpectedly announced that users could start trading mask tokens, claiming that it was the official token of Metamask Wallet.
Source: X
Sudden announcements led to crazy in the market. Within minutes, the mask token soared to $4.13, pushing its fully diluted valuation (FDV) to a surprising $4.13 billion, an incredible number for a token that has never been officially confirmed.
The listing of LOGX has raised serious concerns about the responsibility of listing diversified transactions of unverified assets. Many community members criticized Logx for not conducting proper due diligence before allowing tokens to be traded, as such actions could mislead investors and encourage speculation based on false information.
Protect users from crypto scams
The incident underscores the growing risks in the cryptocurrency space where fake token releases and misleading information can spread rapidly, causing confusion and potential financial losses to investors. This also reminds you that users should always verify information from official sources, rather than relying on social media hype.
Metamask’s statement is a strong warning to the community: There is no official mask token, any hint that otherwise fraudulent claims. Users should be cautious, understand the situation, and avoid interacting with platforms that promote speculative trading of unverified tokens.
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