The Mina Protocol has been at the center of several news items recently, with several sources providing predictions that it could hit $20 by 2024. The optimism about Mina's growth trajectory is buoyed by new developments in its roadmap. Some outlets have dubbed Mina a top buy for 2024, with one billionaire's company seeing a staggering 80% surge in Mina coin, alongside a 13-fold increase in new accounts.
Concerns, however, arose in the market with the crash of Mina by 7%. This, paralleling a boost in the price of another competitor coin, raised questions on its future. Regardless of this setback, Mina retains its stance against rival coins like XRP, expected to approach $1 in 2024.
Mina has been cast as a potential winner of a Bitcoin pump as its value doubled. In a strategic move, Mina Foundation raised $92M to speed up the adoption of Zero-Knowledge proofs. Exciting partnerships loom for Mina Protocol, anticipating a collaborative effort between Arbitrum, Cardano, and Mina in 2024.
A noticeable hitch for the US crypto talent has been risen by regulatory issues, affecting the Coinbase workforce significantly. In response, the platform is looking to global recruitment and the creation of a Coinbase Talent Hub to mitigate the challenges.
MINA Coin News Analytics from Tue, 06 Nov 2018 08:00:00 GMT to Tue, 06 Aug 2024 07:00:00 GMT - Rating 6 - Innovation 7 - Information 3 - Rumor 5