A Blue Bird Told Me

As might have been expected, Musk’s Twitter takeover sent DOGE a little closer to the moon this week, even if it does fall back into orbit. The takeover also sent another little-known coin soaring, with some help from CZ (the founder of Binance). Without specifically referencing the social media giant, Binance launched the Blue Bird Index fund this week.

• The Blue Bird Index is a cryptocurrency index fund that tracks the performance of BNB, DOGE, and MASK.
• Blue Bird’s price is calculated by the weighted average price of each constituent, denominated in USDT.
• Higher trading volume and market cap mean that BNB and DOGE make up most of the index, but that hasn’t stopped MASK from pumping over 300% during the past 2 weeks.
• The Mask Network aims to position itself as the bridge between Web 2.0 and Web 3.0. The protocol enables users to send encrypted messages on Twitter and Facebook.

Judging by the index, it appears that CZ is also betting on Musk integrating DOGE into Twitter somehow. After Musk’s recent proposal for users to pay a monthly fee for their blue checkmark, CZ may suspect that Twitter will allow users to pay for that checkmark with DOGE.