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Minima MINIMA Price

$0.040

-3.75%

$0.040

24h Range

$0.040

Market Cap

$0

Fully Diluted Valuation

$40,446,185.1

24 Hour Trading Vol

$94,370.3

Circulating Supply

0

Total Supply

465,166,667.0

Max Supply

1,000,000,000.0

Info

MINIMA Price Statistics

Minima Price

$0.040

24h Range

$0.040 - $0.040

Percent Change 1h

0.27%

Percent Change 24h

-3.75%

Percent Change 7d

1.29%

All-time high

$0

All-time low

$0

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About Minima

What is Minima (MINIMA)?

Minima (MINIMA) is a decentralized blockchain network designed to enable users to run full nodes on their mobile devices, thereby promoting a more democratic and inclusive ecosystem. Launched in 2021, Minima aims to eliminate the need for centralized servers by allowing every user to participate in the network. This not only enhances security and resilience but also fosters a sense of ownership among its users. The Minima blockchain is built to be lightweight and efficient, making it accessible for smartphones and IoT devices, with a focus on achieving true decentralization.

Who are the Founders of Minima?

Minima was co-founded by a team of blockchain enthusiasts and tech entrepreneurs, including Josh B. and David L.. They brought together diverse backgrounds in software development, blockchain technology, and business strategy. Their collective vision was to create a blockchain that minimizes the barriers to entry for users while maximizing security, efficiency, and decentralization.

How does Minima Work?

Minima operates on a unique architecture that allows each user to run a complete node on their mobile device. This is made possible through a process called "mini-mining," where users contribute their device's resources to maintain the network. The protocol employs a Proof of Work (PoW) consensus mechanism, ensuring that every transaction is validated by the network. Unlike traditional blockchains, Minima's lightweight design enables it to handle high transaction volumes without the need for extensive computational power. The Minima network also supports smart contracts, allowing developers to create decentralized applications (dApps) that can run directly on the blockchain.

Top Use Cases of Minima

Minima's versatile platform enables a range of use cases, including:

  • Decentralized Finance (DeFi): Users can create and participate in financial applications without relying on centralized institutions.
  • Digital Identity: Minima can be utilized to build secure and verifiable digital identities, protecting user privacy.
  • Supply Chain Management: The transparency of Minima's blockchain can enhance traceability and accountability in supply chains.
  • Gaming: Developers can create blockchain-based games that leverage Minima's decentralized infrastructure for in-game assets.
  • Voting Systems: Minima can be used to develop secure, transparent voting mechanisms for organizations and governments.

How to Keep your Minima Safe?

To ensure the safety of your Minima holdings, consider the following best practices:

  • Use Hardware Wallets: Store your MINIMA tokens in a hardware wallet for enhanced security against online threats.
  • Enable Two-Factor Authentication (2FA): Always activate 2FA on any accounts or exchanges where you hold MINIMA.
  • Keep Software Updated: Regularly update your Minima wallet and mobile device software to protect against vulnerabilities.
  • Be Wary of Phishing: Always verify URLs and avoid clicking on suspicious links or messages that request your personal information.
  • Backup Your Wallet: Maintain a secure backup of your wallet's recovery phrase to ensure you can recover your funds in case of loss.

How to Invest in Minima (MINIMA)?

Investing in Minima (MINIMA) 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 Minima: Once your account is funded, you can purchase Minima directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Minima (MINIMA) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Minima using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Minima (MINIMA) in the Long Term?

Minima (MINIMA) is currently trading at $0.040 and exhibits good potential for future growth. Check the latest Minima (MINIMA) price prediction.

FAQs

The current price of Minima (MINIMA) is $0.024. It has increased by 8.60% over the past 24 hours.
The current market cap of Minima (MINIMA) is $0.0. It has N/A by 0% over the past 24 hours.
The current daily trading volume of Minima (MINIMA) is $95.5K. It has decreased by 13.79% over the past 24 hours.
The all time high for Minima (MINIMA) happened on N/A. It reached a value of $0. The percentage change to today's price is 0%.
The all time low for Minima (MINIMA) happened on N/A. It reached a value of $0. The percentage change to today's price is 0%.
The current fully diluted valuation of Minima (MINIMA) is $24.2M. It has increased by 8.60% over the past 24 hours.
One Minima (MINIMA) is $0.024
The Minima (MINIMA) Fear and Greed Index currently indicates a bearish market sentiment. Given the inherent volatility and uncertainty within the cryptocurrency market, it is strongly advised to conduct thorough research before making any long-term investment decisions.

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