About Mina
MINA is a cryptocurrency that powers Mina Protocol, a layer one blockchain that aims to be lightweight, privacy-preserving, and easily verifiable. Developers on Mina can build privacy-preserving smart contracts and decentralized applications based on zero-knowledge proofs. MINA is used to set up new accounts and pay for transactions. MINA holders can also stake directly on the network to validate transactions and process computation.
Buy Mina
Trading Insights
Buyer Ratio
Traders
123
8.85%
Buyers
52
-14.75%
Sellers
74
27.59%
Searched
97
Market Stats
Market Cap
£220.32M
FDV
£162.45M
Circ. Supply
1.2B MINA
Max Supply
Not enough data
Total Supply
1.2B MINA
Performance
Popularity
#179
Dominance
0.01%
Volume (24H)
£15.22M
-2.77%
Volume (7D)
£70.59M
Volume (30D)
£362.28M
All time high
£4.53
Price Change (1Y)
-62.98%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
Mina is on the decline this week. ↘
The price of Mina has decreased by 0.56% in the last hour and increased by 1.72% in the past 24 hours. Mina’s price has also fallen by 0.56% in the past week. The current price is £0.13 per MINA with a 24-hour trading volume of £15.22M. Currently, Mina is valued at 97.11% below its all time high of £4.53. This all-time high was the highest price paid for Mina since its launch.
The current circulating supply of Mina is 1,241,204,369.84 MINA which means that Mina has as total market cap of £220,317,835.31.
Market details
MINA vs markets
↘ 77.58%
MINA vs BTC
↘ 80.85%
MINA vs ETH
↘ 58.66%
Tags
pos
defi
privacy
zero-knowledge-proofs
+2
Network & Addresses
Network | Address | |
|---|---|---|
Mina | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.13 | ↗ 1.72% |
1 Day | £0.13 | ↗ 1.72% |
1 Week | £0.13 | ↘ 0.56% |
1 Month | £0.16 | ↘ 16.86% |
1 Year | £0.37 | ↘ 62.98% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Mina is a blockchain protocol that aims to streamline computational requirements for running DApps more efficiently. Mina's size is designed to remain constant, regardless of usage growth, aiming to balance security and decentralization. The Mina network is notably smaller in size compared to other blockchains. The protocol's primary objective is to create an efficient distributed payment system that allows users to verify the platform from the genesis block. Mina's native currency, MINA, is used within the network for various functions.
Mina operates in a way that is similar to other blockchain protocols, with a unique approach in how it handles transactions. It also employs the account model used in other platforms. Mina uses a prover, equivalent to a miner, to ensure each block commits to the state. The protocol uses the Ouroboros Samasika, a type of Proof of Stake (PoS) mechanism designed specifically for succinct decentralized networks. Mina's succinct blockchains have two main functions: verify and update. The protocol also uses a parallel scan state to optimize transaction processing speed, grouping unproven blocks and assigning the process to parallel provers.
Mina's approach to blockchain technology involves multiple participants each handling a specific function on the decentralized network. Its compact size and efficient operation make it suitable for running DApps more efficiently, even on devices with limited computational power. The protocol's use of Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs) allows for the authentication of information without revealing the information itself. This feature could be beneficial in applications where privacy and security are paramount. Furthermore, the native currency, MINA, is used within the network for transactions and interactions between users.
Mina Protocol was initially known as Coda Protocol before undergoing a rebranding. The protocol was developed with the aim of addressing computational requirements and maintaining a constant size despite usage growth. Mina's approach to blockchain technology involves multiple participants each handling a specific function on the decentralized network. These roles include verifiers, block producers, and snarkers, each playing a crucial part in the operation and maintenance of the network.
We update our Mina to GBP currency in real-time. Get the live price of Mina on Coinbase.
The current market cap of Mina is £220.32M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Mina is £4.53. This all-time high is highest price paid for Mina since it was launched.
Over the last 24 hours, the trading volume of Mina is £15.22M.
Assets that have a similar market cap to Mina include Qtum, MX Token, Toshi, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Mina is 1.2 billion.
Mina ranks 136 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 96% of Coinbase users are buying Mina. In other words, 96% of Coinbase customers have increased their net position in Mina over the past 24 hours through trading.
Yes, Mina is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Mina guide.
Mina news
Social stats
Popularity in posts
#858
Contributors
21
Posts
38
% About Mina
0.052%
Hold times
0 days
X (Twitter)
6.46% bullish
Sentiment
3.0 ★
Highlights
21 unique individuals are talking about Mina and it is ranked #858 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Mina has an average sentiment score of 60 out of 5. Finally, Mina is becoming less newsworthy, with 0 news articles published about Mina.
On Twitter, people are mostly neutral about Mina. There were 6.72% of tweets with bullish sentiment compared to 3.98% of tweets with a bearish sentiment about Mina. 93.28% of tweets were neutral about Mina. These sentiments are based on 31 tweets.
On Reddit, Mina was mentioned in 0 Reddit posts and there were 0 comments about Mina. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.