MINA (Mina) rose 18.79% in the last 24 hours.

Gate News Bot news, on November 4, according to CoinMarketCap data, as of the time of writing, MINA (Mina) is currently priced at 0.14 USD, rising 18.79% in the last 24 hours, with a peak of 0.17 USD and a low of 0.09 USD, and a trading volume of 161 million USD in the last 24 hours. The current market capitalization is approximately 180 million USD, an increase of 28.5 million USD compared to yesterday.

Mina Protocol is the lightest blockchain, focusing on providing security for decentralized applications. The fixed size of Mina is 22 KB, while the sizes of other blockchains keep increasing. Mina uses zero-knowledge proof technology, allowing users to easily join and verify the entire blockchain in milliseconds while maintaining the security of full nodes. Users only need to check a single, recursive “proof of everything”. Mina supports building compliant privacy solutions using TypeScript syntax, where data never leaves the local device, only submitting proofs to the chain rather than personal data.

Important news about MINA recently:

1️⃣ MINA price volatility is significant The price of MINA has experienced significant fluctuations recently. On November 3, MINA saw a daily drop of 13.41%, with the price falling to $0.127. However, within the following 24 hours, the price of MINA rebounded strongly, rising by 18.79% to reach $0.14. This large price volatility reflects the market's high attention and trading activity regarding MINA.

2️⃣ volume surge The 24-hour volume of MINA reached 161 million USD, which is relatively high compared to its market capitalization of 180 million USD. This indicates a significant rise in market interest in MINA, possibly due to its unique lightweight blockchain technology and privacy protection features attracting the attention of investors and traders.

3️⃣ market capitalization rapid rise The market capitalization of MINA has risen by 28.5 million USD in the last 24 hours, reaching 180 million USD. This increase is quite substantial and reflects the growing confidence of investors in the MINA project. The rapid rise in market capitalization may be related to its technological innovations and potential in the security of decentralized applications.

From a technical perspective, the price of MINA has clearly rebounded from previous lows and has broken through several short-term resistance levels. However, considering the recent significant volatility, investors still need to closely monitor the potential risk of a pullback. From a fundamental standpoint, MINA's lightweight blockchain design and privacy protection features continue to attract market attention, which may support its long-term development.

This message is not an investment advice; investors should be aware of market volatility risks.