Animoca Brands' founder, Yat Siu, has announced a MOCA token giveaway, leading to an 18% price surge.
The giveaway is a way to celebrate the success of the Moca Network launch and engage with the Web3 community.
The Moca Network aims to establish a decentralized future for Web3, allowing users to have full control over their digital identities and data.
The MOCA token price rose by 18% following the announcement, and the upcoming unlocking of 692K tokens on December 27 is anticipated to influence market sentiment.