Facebook Reveals Its New Name. Crypto Community Reacts

Facebook Reveals Its New Name. Crypto Community Reacts

Technology giant Facebook has changed its name to Meta after presenting its metaverse vision, CEO Mark Zuckerberg announced Thursday.

The company's shares will now trade under the MVRS ticker.

Twitter CEO and Bitcoin proponent Jack Dorsey said that the name is "self-referential."

meta: referring to itself or to the conventions of its genre; self-referential.— jack⚡️ (@jack) October 28, 2021

Digital Currency Group CEO Barry Silbert used the announcement as an opportunity to promote Decentraland (MANA).

$MANA > Meta— Barry Silbert (@BarrySilbert) October 28, 2021

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

🚨 Wow big live news! Mark Zuckerberg just announced #Meta... a whole new brand for @Facebook. Facebook is now "metaverse first"! It's pretty impressive tech and commitment from the largest social network. At some point, Meta will meet #Bitcoin. That's my prediction. :) pic.twitter.com/NKb9KQQtEX— Gabor Gurbacs (@gaborgurbacs) October 28, 2021

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

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