thecoinrepublic.com
- 1 The Mina crypto price is up over 20.29% in the past 24 hours and was at $1.41 at press time.
- 2 The MINA price prediction shows that it may advance to a high of $9.419 by the end of the financial year 2028.
Mina crypto is the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. It has a size of only 22 KB, which is very low compared to Bitcoin’s 300 GB blockchain.
Its function is similar to that of Bitcoin except for how it handles transactions. It uses a prover (or snarker), an equivalent of miner which lets users verify the blockchain.
It has two main functions: verify and update, which involve consensus and chain summary. It also uses a parallel scan state to speed up transaction processing by dividing the work among provers.
Mina crypto price is on a bullish breakout of two weeks. The price jumped over 90% in these two weeks. The weekly chart noted a breakout after the price surpassed the 50-day EMA and sustained above it.
The price performance shows that mina crypto experienced a 86.5% gain in the past one month and gained over 281.3% in the past three months. Also, mina has a positive year to date yield of 225.2%.
At the time of writing, the Mina price was trading at $1.41 with an intraday rise of 20.29%, showing positive signs on the chart. It has a 24-hour trading volume of $427.84 Million with an intraday gain of 141.78%.
Mina Price Prediction 2023
The price prediction for 2023 is a neutral to bullish outlook in the short term. The most optimistic view of analysts estimates the price may reach a high of $1.564 by the year-end. The pessimistic view of analysts estimates that the price may drop to $1.159.
Mina Price Prediction 2024
As per the analysts, MINA price may rise as high as $2.957 by 2023, indicating an upside potential of 111.10% from the CMP. However, the pessimistic view of analysts expects the price to reach $2.199.
Mina Price Prediction 2025
The most optimistic analyst forecast for the Mina coin expects the price to reach a high of $3.942 with a potential gain of 190.77% from the CMP. The minimum forecasted price by the end of 2025 is $3.146. The average predicted price till 2025 is $3.455.
Mina Price Prediction 2026
The MINA token price may reach a high of $5.13 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $4.040 by 2026.
Mina Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the MINA price to reach a high of $5.71. The minimum price target of analysts is $5.35 by 2027.
Mina Price Prediction 2028
Till 2028, the overall crypto market may see more exposure and evolve more. On the most optimistic side, the MINA crypto price may reach a high of $9.419. However, the pessimistic view of analysts expects the price to reach $7.781.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.