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Facebook Reveals Its New Name. Crypto Community Reacts

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Thu, 10/28/2021 - 18:33
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Alex Dovbnya
The cryptocurrency community is already busy discussing Facebook's new name
Facebook Reveals Its New Name. Crypto Community Reacts
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Facebook CEO Mark Zuckerberg announced Thursday that the company had changed its name to "Meta" after presenting his metaverse vision earlier today. 

Meta's shares will now trade under the MVRS ticker.

Twitter CEO and Bitcoin proponent Jack Dorsey took a dig at the archrival, saying that the name is "self-referential."

Digital Currency Group CEO Barry Silbert used the announcement as an opportunity to promote the Decentraland virtual reality that is powered by the MANA token. 

VanEck's Gabor Gurbacs predicts that Meta will eventually meet Bitcoin. 

Rumors about Facebook adopting the largest cryptocurrency started swirling in April. In May, Zuckerberg made a post about naming his goat "Bitcoin."   

Facebook's social media platform won't change its name. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.