The Mina Protocol is a streamlined “succinct blockchain” designed to reduce computational demands, enabling more efficient operation of decentralised applications (DApps). Recognized as the world’s lightest blockchain, Mina maintains a constant size even as usage expands, distinguishing it for its efficiency.
MINA is ranked #59 with a market capitalisation of nearly $1.39 billion. The current market price of the token is $1.35 USDT.
The MINA/USDT price has been on an uptrend since mid of October 2023. On the daily time-frame, the trend had broken out of the Flat consolidation and is now retesting the breakout levels with volume support and price momentum. The next resistance is expected at 1.53 USDT and the next support is expected at 1.2 USDT.
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