Market Cap
$430,960,917.0
Fully Diluted Valuation
$431,118,987.0
24 Hour Trading Vol
$18,689,694.7
Circulating Supply
1,213,547,053.8
Total Supply
1,213,992,164.8
Max Supply
∞
Mina Price
$0.355
24h Range
$0.328 - $0.355
Percent Change 1h
0.68%
Percent Change 24h
8.46%
Percent Change 7d
-16.2%
All-time high
$9.09
All-time low
$0.293
1D
7D
1M
1Y
All
Mina is a lightweight blockchain protocol designed to provide a more decentralized and accessible platform for users. Launched in 2021, Mina aims to reduce the barriers to entry into the blockchain ecosystem by maintaining a constant size of only 22 kilobytes, regardless of the number of transactions on the network. This is achieved through a unique technology called zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), which allows for verification of transactions without needing to download the entire blockchain. As of 2024, Mina's native cryptocurrency, MINA, is used for transaction fees, staking, and governance within the network.
Mina Protocol was co-founded by Evan Shapiro, Izaak P. Meckler, and O(1) Labs, the team behind the project. Evan Shapiro serves as the CEO, bringing extensive experience from his previous roles in both technology and finance. Izaak Meckler, the co-founder and CTO, has a strong background in computer science and cryptography. The project emerged from a desire to create a more efficient and scalable blockchain solution, focusing on user privacy and accessibility.
Mina operates on a unique consensus mechanism known as "Snapp," which combines proof-of-stake (PoS) with zk-SNARKs. Here's how it works:
Mina Protocol has several promising use cases, which include:
To ensure the security of your MINA tokens, consider the following best practices:
Investing in Mina (MINA) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Mina: Once your account is funded, you can purchase Mina directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Mina using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Mina (MINA) is currently trading at $0.355 and exhibits good potential for future growth. Check the latest Mina (MINA) price prediction.
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