MINA (Mina) down 10.41% in the last 24 hours

GateNewsBot

2025-11-11 08:07:34

USDC-0,01%

Gate News Bot message, November 11th, according to CoinMarketCap data, MINA (Mina) is currently priced at $0.15, down 10.41% in the past 24 hours. The highest price reached $0.21, and the lowest dropped to $0.12. The 24-hour trading volume is $46.1 million. The current market capitalization is approximately $188 million, a decrease of about $21.81 million from yesterday.

Recent important news about MINA:

1️⃣ New Trading Pair Drives Price Volatility
Gate will launch the MINA/USDC spot trading pair at 16:00 on November 11, 2025 (UTC+8), along with the corresponding trading bot services. This move is expected to enhance MINA’s liquidity and trading convenience, which may be a significant factor contributing to recent sharp price fluctuations.

2️⃣ Significant Short-Term Price Surge Followed by Pullback
On November 6, MINA experienced a 44.69% single-day increase, with the price reaching $0.19. However, in the following days, MINA’s price saw a notable pullback, declining 10.41% as of November 11. This intense volatility reflects high market attention and trading enthusiasm for MINA, as well as its short-term speculative nature.

3️⃣ Rapid Changes in Market Cap and Trading Volume
MINA’s market cap fluctuated significantly over a few days. On November 6, it rose to $238 million, an increase of $73.4 million from the previous day. By November 11, it had fallen back to $188 million, a decrease of about $50 million from the peak. Meanwhile, the 24-hour trading volume dropped from a high of $161 million to the current $46.1 million, indicating a cooling of market activity.

From a technical perspective, MINA’s price has pulled back after breaking the recent high of $0.19, possibly seeking new support levels. Given the recent volatility, investors should closely monitor potential further adjustments. Fundamentally, MINA’s lightweight blockchain design and privacy features continue to attract market attention, which may support its long-term development. However, in the short term, prices could still be influenced by speculative sentiment.

This message is not investment advice. Please be aware of market volatility risks.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Mike Novogratz Says Crypto’s Age of Speculation May Be Ending as Institutions Take Lead

Market Analysis

Institutional investors now guide crypto markets as retail demand for extreme gains continues to fade. The FTX collapse reshaped risk management and pushed investors to focus on trust and transparency. October liquidations exposed fragile momentum while tokenized real world assets

CryptoNewsLand14m ago

Bitcoin Moves With Tech Stocks, Not Gold, Grayscale Research Shows

bitcoin news Market Analysis Global Markets Industry Reports

Grayscale’s latest research finds Bitcoin’s short-term price movements correlate more with stocks than with gold. The asset manager’s report highlights that Bitcoin’s fall alongside tech equities challenges the “digital gold” narrative Grayscale Investments released a research report

TheNewsCrypto35m ago

Bitcoin Sees $2.3B in Realized Losses As Capitulation Intensifies

bitcoin news Market Analysis Price Volatility

Bitcoin investors face significant realized losses of $2.3B, reminiscent of the 2022 Luna collapse. However, Bitcoin is currently priced at $67K, compared to Luna's $19K. This suggests a market correction rather than a systemic failure, indicating potential growth after volatility.

BlockChainReporter37m ago

Analysis: The crypto market correction may be influenced by traditional financial factors, not an industry crisis.

bitcoin news Market Analysis Macroeconomics Global Markets

The recent decline in the cryptocurrency market is viewed as a "traditional financial event," caused by rising Japanese yen interest rates and increased borrowing costs leading traders to liquidate positions. Despite increased market volatility and active Bitcoin ETF trading, industry insiders believe that institutions have not fully withdrawn. It is expected that by 2026, traditional finance and crypto infrastructure will become further integrated.

GateNewsBot44m ago

Cardano Price Analysis for Feb 11: Here’s Why ADA Bulls Must Defend $0.25

Market Analysis Derivatives Data

Is Cardano nearing a short-term flush, or is this just another leg lower in a broader downtrend? Notably, Cardano (ADA) is changing hands at $0.2551 as intraday bears accelerated activity into the session’s close. On the day, ADA has moved within a tight lower band, recently sliding toward the $0.2

TheCryptoBasic52m ago

Bitcoin's 200-Day Moving Average Shows Fastest Deterioration Since 2022

bitcoin news Market Analysis

Gate News bot message, Bitcoin's 200-day moving average is deteriorating at the fastest pace since 2022. This type of momentum collapse has not been observed during healthy market conditions, according to historical data. The last time such a signal appeared was during the 2022 bear market.

GateNewsBot1h ago

Comment

0/400

No comments