The long crypto winter appears to have come to an end, and cryptocurrency investors are focusing on their portfolios’ growth once again.
While investors in InQubeta (QUBE) are gingering and awaiting the end of the presale, Mina (MINA) investors might be candle gazing, hoping for it to turn green.
The Mina Protocol Price Slide
Although conceived in June 2017, Mina went live in the first quarter of 2021. Mina is a lightweight blockchain with a fixed size of about 22 kilobytes, making it the world’s lightest blockchain. Similar to Tezos and Solana, Mina is a proof-of-stake blockchain; however, it provides an innovative solution for data compression and has MINA as its native token. Mina achieves its small size using its zero-knowledge technology, which uses minimal metadata when processing transactions.
In May 2021, MINA commenced trading after it sold 75 million tokens for 25 cents each and raised about $19 million. A few days after trading began, the price rose to $4.55 before falling again. However, the autumn crypto surge of 2021 took the token to an all-time high (ATH) of about $6.15.
Already far away from its ATH, the Mina Protocol has seen a further slide in its price in the past week. As of the time of this writing, the token has fallen by over 21%, from $0.726536 to 0.568054 in its seven-day price chart. It is a usual occurrence for the rise of Bitcoin (BTC) to mean the rise of altcoins; it is hoped that with time, MINA will join the bull run.
On the other hand, the case of InQubeta, the crypto crowdfunding platform, is different.
InQubeta’s Revolutionizing Funding Solution for AI Startups
The world is just getting a grasp of the exciting world of AI technology. Being an ever-evolving space, the growth potential is limitless, meaning that AI technology will always be brimming with ideas for solutions to the world’s problems. In the same vein, being an ever-emerging space, traditional funding options might not work for AI startups. The speedy evolution characteristic of the digital age mea
Go to Source to See Full Article
Author: BeInCrypto Team