{"id":76431,"date":"2023-10-24T22:12:14","date_gmt":"2023-10-25T02:12:14","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/mina-protocol-price-prediction-as-mina-doubles-overnight-next-100x-crypto\/"},"modified":"2023-10-24T22:12:18","modified_gmt":"2023-10-25T02:12:18","slug":"mina-protocol-price-prediction-as-mina-doubles-overnight-next-100x-crypto","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=76431","title":{"rendered":"Mina Protocol Price Prediction as MINA Doubles Overnight \u2013 Next 100x Crypto?"},"content":{"rendered":"<div>\n<p>MINA, the token that powers the zero-knowledge (ZK) proof-powered Mina Protocol, has seen a huge pump, nearly doubling in price since the start of the week.<\/p>\n<p>Last trading at $0.76, MINA is up around 63% in the last 24 hours, as per CoinGecko.<\/p>\n<p>At earlier session highs in the $0.90s, MINA\u2019s 24 hour price gain was as much as 100%, meaning its price had more than doubled in one day.<\/p>\n<p>The Mina Protocol refers to itself as the world\u2019s \u201clightest\u201d blockchain, thanks to its small and consistent blocksize that, thanks to ZK proof technology, remains unchanged regardless of the number of transactions or smart contracts running on the network.<\/p>\n<p>MINA\u2019s market cap was last around $750 million, with the token\u2019s latest pump attributed to an announcement from major Korean crypto exchange Upbit that they will be listing the token.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"ko\" dir=\"ltr\">\ubbf8\ub098(MINA) KRW \ub9c8\ucf13 \uac70\ub798\uc9c0\uc6d0 \uc548\ub0b4<\/p>\n<p>\u2705 \uc9c0\uc6d0 \ub9c8\ucf13: KRW \ub9c8\ucf13<br \/>\ud83d\udcc5 \uac70\ub798\uc9c0\uc6d0 \uac1c\uc2dc \uc2dc\uc810: 2023-10-24 16:00 \uc608\uc815<\/p>\n<p>\ud83d\udd17 \uacf5\uc9c0 \ubc14\ub85c\uac00\uae30:<a href=\"https:\/\/t.co\/gRla2b9kWo\">https:\/\/t.co\/gRla2b9kWo<\/a><a href=\"https:\/\/twitter.com\/hashtag\/Upbit?src=hash&amp;ref_src=twsrc%5Etfw\">#Upbit<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MINA?src=hash&amp;ref_src=twsrc%5Etfw\">#MINA<\/a> <a href=\"https:\/\/t.co\/XVlIGGetfC\">pic.twitter.com\/XVlIGGetfC<\/a><\/p>\n<p>&mdash; Upbit Korea (@Official_Upbit) <a href=\"https:\/\/twitter.com\/Official_Upbit\/status\/1716690644717224014?ref_src=twsrc%5Etfw\">October 24, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>MINA\u2019s listing on Upbit opens the door to a flood of potential new retail crypto investors.<\/p>\n<p>It\u2019s worth noting that South Korea is one of the countries with the highest rates of crypto adoption and ownership in the world, so listings on exchanges there can have a big market impact.<\/p>\n<p>Upbit noted that MINA deposits must be made via the Mina Protocol\u2019s blockchain, which should spur the protocol\u2019s on-chain activity.<\/p>\n<p>MINA\u2019s pump has also coincided with a huge rally in the price of Bitcoin and other cryptocurrencies on optimism the US SEC will soon approve stop Bitcoin ETFs.<\/p>\n<h2><strong>Price Prediction \u2013 Where Next for Mina Protocol (MINA)?<\/strong><\/h2>\n<p>MINA\u2019s huge pump since the start of the week has seen it break convincingly to the north of a key long-term resistance level around $0.50.<\/p>\n<p>This level was notable because the downtrend from the late 2021 highs, 200DMA and support-turned-resistance from mid-2023 all coincided here.<\/p>\n<p>Therefore, a decisive break above this key area unsurprisingly acted as a significant catalyst for technical buying.<\/p>\n<p>And that technical buying is unlikely over, with the bulls likely targeting a near-term test of 2023 highs in the $1.23 area.<\/p>\n<p>Beyond there, bullish targets include the March 2022 lows near $1.60 and the late 2021 highs at $6.60.<\/p>\n<p>If a new MINA bull run has begun, all these levels could well be hit in 2024.<\/p>\n<p>The Mina Protocol is one of the most advanced blockchains in the market \u2013 its ZK proof technology means it is as secure, decentralized, fast and cheap as any other blockchain on the market.<\/p>\n<p>It\u2019s still small market cap of around $750 million means there is plenty of room for upside for MINA as the Mina Protocol benefits from further adoption.<\/p>\n<p>With big backers like Coinbase having funded the project in the past, who\u2019s to say MINA can\u2019t 100x and hit a market cap of $75 billion.<\/p>\n<h2><strong>Crypto Alternatives to Consider<\/strong><\/h2>\n<p>With things looking bad for LUNC, investors should consider alternatives.<\/p>\n<p>Those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in\u00a0crypto presales.<\/p>\n<p>This is where investors buy the tokens of upstart crypto projects to help fund their development.<\/p>\n<p>These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.<\/p>\n<p>Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application\/platform.<\/p>\n<p>If an investor can identify such projects, the risk\/reward of their presale investment is very good.<\/p>\n<p>The team at Cryptonews spends a lot of time combing through presale projects to help investors out.<\/p>\n<p>Here is a list of 15 of what the project deems as the best crypto presales of 2023.<\/p>\n<p>See the 15 Cryptocurrencies<\/p>\n<p><i><sup>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/mina-protocol-price-prediction-as-mina-doubles-overnight-next-100x-crypto.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MINA, the token that powers the zero-knowledge (ZK) proof-powered Mina Protocol, has seen a huge pump, nearly doubling in price since the start of the week. Last trading at $0.76, MINA is up around 63% in the last 24 hours, as per CoinGecko. At earlier session highs in the $0.90s, MINA\u2019s 24 hour price gain [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":76432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-76431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mina Protocol Price Prediction as MINA Doubles Overnight \u2013 Next 100x Crypto? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"MINA, the token that powers the zero-knowledge (ZK) proof-powered Mina Protocol, has seen a huge pump, nearly doubling in price since the start of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=76431\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mina Protocol Price Prediction as MINA Doubles Overnight \u2013 Next 100x Crypto? 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