MINA Price Analysis February 2022

MINA is a token of platform Mina. Its current price is around $2.72 by writing, with a low of $0.9233 in 2021 and a market cap of 1 billion dollars.

What is Mina?

The Mina Protocol’s native crypto token, MINA, can execute transactions on the blockchain. Users can exchange them like any other cryptocurrency or stake them for rewards while helping to secure the network. Evan Shapiro founded it in 2021, and its native coin, MINA, powers it.

Mina Protocol’s blockchain is super lightweight and will only be 22KB in size, regardless of how many transactions are made. This is an excellent advantage as it will allow anyone to operate a node on the network without being technically advanced. Mina is working to build an infrastructure for a secure, democratic future where blockchain technology will power all aspects of our world.

What is MINA?

MINA is the coin of the Mina platform, which is around $2.72 by the time of writing, with a low of $0.9233 in 2021. Its current ranking is #84 according to CoinMarketCap, with a market cap of 1 billion dollars.

MINA reached a high of $9.91, with a low of $0.9233. Mina powers a blockchain known to be the lightest globally, as it runs on participation from users. The entire Mina blockchain is 22kb in size.

MINA Coin Market Analysis 

MINA has a total supply of 824,104,972 coins worth around $2.72 with a market volume of 115 million dollars, whereas the market capitalization is 1 billion dollars at writing. 

MINA Price Prediction

In the 3h timeframe, MINA formed a descending triangle and broke towards a bearish zone. Moreover, the trendline continued and acted as resistance, but it was broken, and the price is now on-resistance which was previously the support for the descending triangle.

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Mina Price Prediction
MINA Price Prediction

Here are some of the best exchanges to buy MINA.

Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

Pratyaksh
Pratyaksh

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