24/7 Cryptocurrency News

Animoca Founder Yat Siu Shills Moca Coin, Price Soars 15%

Animoca founder Yat Siu launches Christmas MOCA rewards, propelling token price up 15% and energizing Moca Network growth.
Published by
Animoca Founder Yat Siu Shills Moca Coin, Price Soars 15%

Highlights

  • Animoca founder Yat Siu announces MOCA token giveaway in two stages, prioritizing community engagement.
  • Moca Network introduces decentralized identity solutions, bridging Web2 and Web3 ecosystems.
  • MOCA token surges 15%, with 300% growth in a month, signaling strong market interest.

The founder of Animoca Brands, Yat Siu, has unveiled two-stage reward plans for MOCA tokens. It is a giveaway as a part of the Christmas holiday celebration. Despite falling short of the 2000 retweets for his July post, Siu emphasized celebrating the success of the Moca Network launch. This announcement has fueled excitement within the Web3 community, leading to a 15% surge in MOCA price as the token continues its impressive monthly growth.

Advertisement

Animoca Founder Unveils MOCA Rewards Amid Christmas Holiday

On December 23, Animoca founder announced a MOCA token giveaway, rewarding early post-engagers and the broader Moca community. According to the announcement, the giveaways will be rolled out in two stages, with the first stage prioritizing those who interacted with his initial post. For the second stage, Yat Siu has invited suggestions from the community for creative engagement activities.

This move reflects Siu’s commitment to building a decentralized and interconnected Web3 future through the Moca Network. Powered by Animoca, the network enables users to control their digital identities, monetize data, and enjoy seamless cross-platform interactions. Besides, the announcement has reignited interest in the project, showcasing its potential to bridge Web2 and Web3 ecosystem.

Advertisement

Moca Network Gains Traction As MOCA Surges 15%

The Mocaverse is reshaping digital identity with its decentralized solutions. Animoca founder’s recent giveaway announcement has sparked renewed interest, pushing the token’s price up 15% in the last 24 hours. MOCA price surged an impressive 350% rise last week following its listing on major exchanges like Binance, Upbit, and Bithumb.

Currently trading at $0.288, It boasts a market cap of $459 million and a 24-hour trading volume of $620 million. This momentum highlights strong investor confidence as the token gains visibility in the Web3 space.

According to SoSo Value, 692K MOCA tokens are set to unlock on December 27. While a relatively small percentage, token unlock events often catch the market’s attention, potentially affecting short-term sentiment. With robust growth and key developments, it continues to solidify its position as a leading Web3 asset.

Meanwhile, Moca 3.0, the network’s latest upgrade, empowers users to control their identities, monetize data, and seamlessly interact across Web2 and Web3. As the network builds its interoperable infrastructure, the token is emerging as a key driver of its ecosystem’s success.

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B

Michael Saylor hinted that Strategy would not be making its routine Bitcoin purchase this week.…

October 5, 2025
  • 24/7 Cryptocurrency News

Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana

Crypto experts have begun to make bullish projections for Pudgy Penguins’ native token, PENGU. This…

October 5, 2025
  • 24/7 Cryptocurrency News

ASTER to Launch Phase 2 Airdrop on October 10 as Open Interest Tops $5B in Two Weeks

ASTER has announced that the roadmap for its second airdrop phase is set to begin…

October 5, 2025
  • 24/7 Cryptocurrency News

El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset

El Salvador is now sitting on $482 million in unrealized gains in its Bitcoin holdings.…

October 5, 2025
  • Bitcoin News

Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force

The Bitcoin price has hit a new all-time high, after staging a monstrous rally since…

October 5, 2025
  • Bitcoin News

99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction

Bitcoin (BTC) is in profit on almost all of its supply, leading to discussion by…

October 5, 2025