🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

MINA Embraces “Uptober” As Its Price Surges 88+% in 1 Week

Published 25/10/2023, 09:54
MINA Embraces “Uptober” As Its Price Surges 88+% in 1 Week
MINA/USD
-

Coin Edition -

  • MINA is one of the frontrunners in the altcoin rally from the past few days after its price rose more than 88% in the past week.
  • At press time, MINA was worth $0.7002 after its price rose by 13.93% in the past 24 hours of trading.
  • MINA’s price success could be a result of Upbit Korea announcing that it will be listing MINA’s Korean fiat currency trading pair.

Mina (MINA) is one of the tokens leading the altcoin market rally from the past few days after its price managed to surge by more than 88% in the past week. The altcoin’s success over the past few days also landed it the 21st spot on CoinMarketCap’s trending list.

MINA / Tether US 1D (Source: TradingView)

MINA’s success from the previous days seems to be continuing today as its price jumped 13.93% in just the past 24 hours of trading. As a result, MINA was trading at $0.7002 after setting a high price of $0.9298.

Even though Bitcoin (BTC) has gained a lot of dominance after breaking through $34K, MINA was still able to strengthen against the market leader by over 18%. The token’s 24-hour trading volume increased to $1.9 billion after a substantial 1,143.65% surge throughout the past day.

The term “Uptober” is certainly applicable to MINA as the token is in the green by 84.76% on its monthly time frame. Its latest price success caused its market capitalization to increase to $702.18M, which ranked MINA as the 54th largest token in terms of market cap. This placed it right behind USDD (USDD) in the 53rd spot with its market cap of $725,621,160.

The resurgence in MINA’s price was very likely due to an announcement made yesterday by Upbit Korea. Korea’s largest exchange announced on X that it will list MINA’s Korean fiat currency trading pair.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.