MINA Price Jumps By 20% Over This Announcement

MINA Price Jumps By 20% Over This Announcement

MINA token has emerged as the biggest gainer of the day among the largest of the cryptocurrencies. The token prices jumped by around 20% in the last 24 hours over the news of it getting listed on a famous crypto trading exchange.

Huobi Lists MINA

In a Tweet, Huobi Global announced that it will be listing the MINA token for trading on its platform. However, the MINA deposits opened at 14:30 (UTC) on Jun 23. It also mentioned that it will be listing Lido Staked ETH (stETH) over its exchange.

It added that the Spot trading for the pair MINA/USDT will begin when the deposit volume meets the market trading demand. This will be announced in advance. Meanwhile, the withdrawals for the token will open at 12 pm UTC on June 25, 2022.

Earlier, Coinbase Assets declared that the MINA token went live for trading just for New York residents. Seems like many the recently gained exposure can lead its price to surge in the future.

24 hr trading vol jumps by 120%

MINA’s prices have surged by 28% over the past 7 days. The recent surge has helped the token to cover its deficit. It is trading at an average price of $0.743, at the press time. However, the token is still down by 80% to its year to date (YTD) price. Meanwhile, the token’s 24 hour trading volume has skyrocketed by 120% to stand at $53 million.

Mina claims itself to be the world’s lightest blockchain. It mentions that rather than implying extreme computing force, the protocol uses advanced cryptography to design the blockchain. The protocol highlights that it is just about the size of 22kb.

In the lasted update, the team informed that Genesis the founding member of Crypto Carbonara has built a tool called Mina Blacklist. The new tool is crowd sourced list of Mina addresses that are used for the wrong purposes.

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source link

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *