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Mina MINA

Mina Price (MINA)
$0.8312
1.44% Buy MINA Now

0.0002 ETH

0.0000121 BTC

Buy MINA Now
Low: $0.7971
High: $0.8482
24h
Market Cap
$922,434,714
1.44%
Fully Diluted Market Cap
$965,260,132
1.44%
Volume
24h
$33,962,943
1.59%
Volume / Market Cap
0.0368
Circulating Supply
1,109,726,502 MINA
Max Supply
--
Total Supply
1,162,337,933

Mina (MINA) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.00%

Joined at May 01, 2018

Following

22

0.00%

Tweet count

3,301

0.64%

Mina reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Mina (MINA) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Mina telegram
Telegram Stats

Members

-

Title

-

Currently, official Mina (MINA) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆

Mina traffic
Website Traffic
Visit Website

Website Rating (DR)

67 / 100

0.00%

Ahrefs Rank

155,832

5.17%

Organic Traffic (mo.)

7,898

34.71%

Mina github
GitHub Organization
Visit GitHub

Public repos

Created at May 08, 2018

Type

Organization

Mina github
GitHub Public Repository
Visit GitHub

Stars

0.05%

Watchers

102

0.00%

Forks

516

0.19%

Language

OCaml

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 217,986

Stars: 1,949


Live MINA Price Analysis

The current real time Mina price is $0.8312, and its trading volume is $33,962,943 in the last 24 hours. MINA price has grew by 1.44% in the last day, and increased by 2.92% in the last 7 days. It’s important to note that current Mina market capitalization is $922,434,714, Talking about circulating supply, MINA has 1,109,726,502 coins. Currently, Mina rank on the market is #92.

Mina price today is 26.31% below all time high, and it is 360.97% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling MINA are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Mina (MINA)?

MINA is the native asset for the platform of the same name. The Mina network presents itself as “the world’s lightest blockchain”, as its size is constantly maintained at 22 kB. It facilitates faster operations of decentralized applications (dApps). All information regarding the Mina price can be seen in the chart above.

Who is the Team Behind Mina?

The founding team of the Mina crypto platform includes Evan Shapiro, Izaak Meckler, Brad Cohen, Emre Tekişalpm, Vanishree Rao, and Joseph Bonneau. The project was conceived as an inclusive open-source blockchain protocol.

Shapiro is the CEO and Board member of the Mina Foundation, the organization behind the crypto platform. He’s a software engineer who directly contributed to building the Mina protocol. Meckler is a fellow software engineer and the CTO at O(1) Labs, a Web3 security solutions provider.

Cohen, Tekişalpm, and Rao are all also part of the O(1) Labs team, contributing to the research and development of Mina. Bonneau is the Associate Professor at the University of Melbourne. His research focuses on cryptography, blockchain technology, and cryptocurrencies.

Mina aims to solve one of the biggest issues related to blockchain technology – scalability. As new information is registered on the distributed ledger, the blockchain size continues to grow, requiring more energy and hardware to be fully processed.

The team started their work on the lightweight blockchain in 2017. The project was initially known as Coda Protocol. However, in September 2020, following a trademark lawsuit, the name was changed to Mina.

In January 2021, prior to the launch, the network started a bug bounty program. Its goal was to reduce the network vulnerabilities before releasing the Mainnet. All participants were eligible for rewards that accounted for 1% of the overall Mina supply at the time.

The Mina Mainnet officially launched in March 2021. Around this time, the MINA price was roughly $4. Throughout its first year in the market, the asset was volatile, experiencing frequent fluctuations. Its peak during the first year from launch was recorded in June 2021, when the asset value nearly reached $10.

What Are the Features of Mina?

The Mina token was launched with a supply of 1 billion. However, there is no maximum supply cap for the asset, and it can be produced continuously. The token is inflationary; however, to help adjust the Mina price, the first 1 billion tokens are going to be gradually unlocked within 8 years.

Mina stands out for its compact network side. The platform was programmed to maintain a blockchain size of 22 kB regardless of the logged transactions. This is minuscule compared to Bitcoin, which exceeded 400 GB in 2022, and expands by roughly a gigabyte every few days.

Mina is a succinct blockchain, meaning that it always maintains the same size. As other blockchains of this type, it’s used to complete two key functions – verify and update the blockchain data. The native MINA token is used for transactional utility.

Due to its architecture, the Mina developers have taken additional precautions to avoid network exploitations and security breaches. As such, there are three types of network contributors – verifiers, snarkers, and block producers. All Mina users are verifiers by default if their devices are able to process the lightweight blockchain.

All data on the Mina blockchain is authenticated using zk-SNARKs (Zero-Knowledge Non-Interactive Arguments of Knowledge). This way, the validity of transaction information is verified without exposing it. Rather than dealing with the full blockchain history, snarkers only process a compressed proof of several latest blocks.

Block producers are users that stake their assets to support the network. These users take the transaction data and combine it into blocks. They also work with SNARKs to compress the blockchain data. Producers are able to receive MINA coins as a reward and an incentive to continue contributing to the chain.

There’s a direct relationship between block producers and snarkers on Mina. Block producers are paid in transaction fees for creating new blocks. They then pay the snarkers using the transaction fees for a predetermined Mina price to receive valid data. Block producers usually prioritize transactions with the lowest SNARK prices.

Snarkers process the transaction data and create the lightweight zk-SNARK, which the block producer must then download and use in a new block. This way, the block producers are rewarded by the network while incentivizing the snarkers in return.

For its network, Mina employs a Proof-of-Stake (PoS) consensus algorithm known as the Ouroboros Samasika. This algorithm was designed with succinct blockchains like Mina in mind. It allows network nodes to verify data directly from the genesis block, thus optimizing the operations and saving both space and energy.

The transaction process on Mina includes steps that are unique to succinct networks. First, users must initiate transactions with a MINA price value of their choice. Once it’s initiated, it enters the mempool with other unconfirmed valid transactions. Snarkers then create transaction proofs – SNARKS.

Once enough SNARKS have been created from multiple transactions, block producers bundle them into a new block. The selection of transactions is not automatic, and the block producer has the right to select their priority. This means that the trades with the most profitable Mina price value for the producer are typically prioritized.

The new block with the validated SNARKS is added to the blockchain, and the network is updated with accurate data. The snarked transactions are then taken out of the chain, maintaining the 22 kB network size. Finally, the zk-SNARKS of the network are fully updated to ensure all validators have access to the same data.

As a lightweight network, Mina offers fast transactions with low fees. This is achieved via the parallel scan state. It’s a method of putting blocks that have not been verified yet into groups and forwarding their proving process to parallel provers.

Mina is also known for being a smartphone-compatible platform. On average, a transaction on Mina lasts around 200 milliseconds, and the state proof size is under a kilobyte. This energy efficiency means that mobile devices can also handle the transactions and act as network nodes.

What's Mina trading volume in the last 24 hours?

MINA has a trading volume of $33,962,943 in the last 24 hours.

What's Mina highest price ever?

MINA has a highest price of $1.13, which was reached on Apr 08, 2024 (1 month 2 weeks ago).

What's Mina lowest price ever?

MINA has a lowest price of $0.1803, which was reached on Dec 11, 2022 (1 year 5 months ago).

What are the best exchanges for buying and selling MINA?

Currently, the most active and dominating exchanges for buying and selling Mina are Binance, Kraken & Kucoin. The most popular Mina trading pairs are MINA/USDT (on Binance ), MINA/KRW (on Upbit ), MINA/USDT (on Huobi Global ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping MINA?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Mina. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Mina project's Circulating Supply has been verified and is equal to:

Circulating Supply

1,109,726,502 MINA

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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