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

MINA-5,29%

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.

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.

Related Articles

Bitcoin has been trading in a range for two consecutive months, with prices fluctuating between $62k and $75k.

Bitcoin has been trading in a two-month range continuously since April 7. In the recent period, the price’s high was between $72k and $75k, and the low was between $62k and $65k. Overall, the market is still consolidating; open interest remains steady at about $16.7 billion, and the funding rate has returned to a neutral range. Sentiment in the options market is stable: call options have risen to 47%, but there is still hedging against short-term downside risk.

GateNews10m ago

Bitcoin’s correlation with software stocks dropped from 1.0 to 0.13; on April 6, BTC ETF net inflows were $471 million

Bitcoin is up more than 5% since February 28; it has now rebounded to $69k, while the technology software industry ETF is down more than 2% over the same period. The correlation between the two has significantly declined, and spot Bitcoin ETFs also saw a net inflow of $471 million on April 6.

GateNews24m ago

Economist Professor Issues Dire Bitcoin Warning: BTC Will Crash to Zero – Here’s His Reason

Tension returned to the crypto market after a fresh warning targeted Bitcoin, with a well-known economist arguing that the asset could eventually collapse to zero. The statement quickly drew attention because it challenges the long-standing narrative that Bitcoin remains a resilient store of

CaptainAltcoin25m ago

XRP Whales Accumulate as Ripple Executives Head to Key XRPL Event in Japan

XRP has gained 5% from a support level of $1.28 due to increased whale accumulation, with large holders now buying over 11 million XRP daily. Ripple executives are attending a significant XRPL event in Japan, though broader market sentiment remains cautious amid geopolitical tensions.

CryptoNewsFlash35m ago

Bitcoin Enters Relief Phase of the Bear Market, Crypto Analyst Reveals Bottom Time Frame

Bitcoin enters relief phase of the bear market.  Crypto analyst reveals bottom price formation time frame.  Can the price of BTC hit one last ATH before the bottom forms? The price of Bitcoin (BTC), the pioneer crypto asset, continues to trade under the $70,000 price range and is

CryptoNewsLand1h ago
Comment
0/400
No comments