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Mina Price (MINA)
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Market stats
Mina is on the decline this week. ↘
The price of Mina has increased by 1.50% in the last hour and increased by 1.38% in the past 24 hours. Mina’s price has also fallen by 10.61% in the past week. The current price is S$1.09 per MINA with a 24-hour trading volume of S$133.05M. Currently, Mina is valued at 86.82% below its all time high of S$8.28. This all-time high was the highest price paid for Mina since its launch.
The current circulating supply of Mina is 1,193,146,542.84 MINA which means that Mina has as total market cap of 1,193,146,542.84.
Overall
Market cap
S$1.3B
Volume (24h)
S$133.0M
Circulating
1.2B MINA
Hold time
32 days
Popularity
#117
All time high
S$8.28
Price change
1 hour
↗ 1.5%
1 day
↗ 1.38%
1 week
↘ 10.61%
2 weeks
↗ 6.76%
1 month
↗ 23.7%
1 year
↗ 1.19%
1 year benchmarks
Performance
↗ 2.07%
Vs. Market
↘ 55.77%
Vs. BTC
↘ 56.37%
Vs. ETH
↘ 40.9%
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.
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.
Mina Price History
Date | Price | Change |
|---|---|---|
Today (December 13, 2024) | S$1.09 | 1.69% |
24 hours ago (December 12, 2024) | S$1.08 | 1.38% |
1 week ago (December 6, 2024) | S$1.21 | -10.61% |
1 month ago (November 13, 2024) | S$0.87 | 23.70% |
1 year ago | S$1.06 | 1.19% |
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Mina Calculator
FAQ
What is the current price of Mina?
We update our Mina to SGD currency in real-time. Get the live price of Mina on Coinbase.
What is the market cap of Mina?
The current market cap of Mina is S$1.30B. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Mina?
The all-time high of Mina is S$8.28. This all-time high is highest price paid for Mina since it was launched.
What is the 24 hour trading volume of Mina?
Over the last 24 hours, the trading volume of Mina is S$133.05M.
What other assets are similar to Mina?
Assets that have a similar market cap to Mina include THORChain, Beam, HEX, and many others. To see a full list, see our comparable market cap assets.
How many Mina are there?
The current circulating supply of Mina is 1.2 billion.
What is the typical holding time of Mina?
The median time that Coinbase customers hold Mina before selling it or sending it to another account or address is 32 days.
What is the relative popularity of Mina?
Mina ranks 80 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
What is the current trading activity of Mina?
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.
Can I buy Mina on Coinbase?
Yes, Mina is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Mina guide.
Social
Some highlights about Mina on social media
428 unique individuals are talking about Mina and it is ranked #448 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 3.9 out of 5. Finally, Mina is becoming more newsworthy, with 0 news articles published about Mina. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Mina. There were 37.5% of tweets with bullish sentiment compared to 6.94% of tweets with a bearish sentiment about Mina. 55.56% of tweets were neutral about Mina. These sentiments are based on 65 tweets.
On Reddit, Mina was mentioned in 5 Reddit posts and there were 11 comments about Mina. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
Contributors
428 people
Posts
112 posts
Dominance
0%
Volume rank
#448
Average Sentiment
3.9 out of 5
Tweet Count
65 people
Sentiment
37.5%
Bullish
55.56%
Neutral
6.94%
Bearish
Comments
11
Post Score
17
Comment Score
19
Guides
Coinbase Bytes
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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.