Mina Protocol (CCC:MINA-USD) is down more than 10% in trading today, worth $2.68 at the time of writing. This puts MINA-USD at its all-time low and well off its all time high of $9.09.
MINA-USD is a privacy-focused cryptocurrency and one of the biggest draws is its tiny-sized blockchain; according to the company, “the entire Mina blockchain is about 22kb — the size of a couple of tweets.” For comparison, the Bitcoin (CCC:BTC-USD) blockchain is .
That small blockchain has made Mina protocol an altcoin in high demand. The cryptocoin’s first community-facing sale had 375,000 pre-registrants, . That sale ultimately raised $18.7 million.
Mina’s are nothing to sneeze at either. Per
The Daily Hodl:
“Because Mina Protocol is so small, the , meaning anyone can quickly connect and verify the chain. The new crypto project also touts its privacy features with its Succinct Non-Interactive Argument of Knowledge decentralized applications (Snapps), which enable users to stay in control by verifying a chunk of data without disclosing its details. In addition, Snapps can privately interact with any website and access real-world data for on-chain consumption.”
on June 1.
Mina (MINA-USD) Price Predictions
Currently trading at $2.72, what’s next for MINA-USD? Let’s see what the experts think.
- Pick A Crypto says MINA-USD could average .
- Gov Capital has a .
- Wallet Investor has a .
- Digital Coin Price says Mina could .
On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
