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<![CDATA[<figure class="image"><img src="https://cimg.co/news/126828/334891/mina.jpg" srcset="https://cimg.co/news/126828/334891/responsive-images/mina___media_library_original_1793_736.jpg 1793w, https://cimg.co/news/126828/334891/responsive-images/mina___media_library_original_1200_493.jpg 1200w, https://cimg.co/news/126828/334891/responsive-images/mina___media_library_original_900_369.jpg 900w, https://cimg.co/news/126828/334891/responsive-images/mina___media_library_original_720_296.jpg 720w, https://cimg.co/news/126828/334891/responsive-images/mina___media_library_original_600_246.jpg 600w, https://cimg.co/news/126828/334891/responsive-images/mina___media_library_original_300_123.jpg 300w" width="1793" class="content-img" alt=""><figcaption>MINA Chart / Source: TradingView</figcaption></figure>MINA, the token that powers the zero-knowledge (ZK) proof-powered Mina Protocol, has seen a huge pump, nearly doubling in price since the start of the week.Last trading at $0.76, MINA is up around 63% in the last 24 hours, as per <a href="https://www.coingecko.com/en/coins/mina-protocol">CoinGecko</a>.At earlier session highs in the $0.90s, MINA&rsquo;s 24 hour price gain was as much as 100%, meaning its price had more than doubled in one day.The Mina Protocol refers to itself as the world&rsquo;s &ldquo;lightest&rdquo; blockchain, thanks to its small and consistent blocksize that, thanks to <a href="https://cryptonews.com/videos/hackmoney-summit-why-everyone-should-know-zkps.htm">ZK proof technology</a>, remains unchanged regardless of the number of transactions or smart contracts running on the network.MINA&rsquo;s market cap was last around $750 million, with the token&rsquo;s latest pump attributed to an announcement from major Korean crypto exchange Upbit that they will be listing the token.https://twitter.com/Official_Upbit/status/1716690644717224014?s=20MINA&rsquo;s listing on Upbit opens the door to a flood of potential new retail crypto investors.It&rsquo;s worth noting that South Korea is one of the countries with the highest rates of crypto adoption and ownership in the world, so listings on exchanges there can have a big market impact.Upbit noted that MINA deposits must be made via the Mina Protocol&rsquo;s blockchain, which should spur the protocol&rsquo;s on-chain activity.MINA&rsquo;s pump has also coincided with a huge rally in the price of Bitcoin and other cryptocurrencies on <a href="https://cryptonews.com/news/us-federal-court-forces-sec-reconsider-grayscale-bitcoin-etf-conversion-after-rejecting-sec-argument.htm">optimism the US SEC will soon approve stop Bitcoin ETFs</a>.<h2 id="strong-price-prediction-where-next-for-mina-protocol-mina-strong">Price Prediction &ndash; Where Next for Mina Protocol (MINA)?</h2>MINA&rsquo;s huge pump since the start of the week has seen it break convincingly to the north of a key long-term resistance level around $0.50.This level was notable because the downtrend from the late 2021 highs, 200DMA and support-turned-resistance from mid-2023 all coincided here.Therefore, a decisive break above this key area unsurprisingly acted as a significant catalyst for technical buying.And that technical buying is unlikely over, with the bulls likely targeting a near-term test of 2023 highs in the $1.23 area.Beyond there, bullish targets include the March 2022 lows near $1.60 and the late 2021 highs at $6.60.<figure class="image"><img src="https://cimg.co/news/126828/334890/mina.jpg" srcset="https://cimg.co/news/126828/334890/responsive-images/mina___media_library_original_1793_736.jpg 1793w, https://cimg.co/news/126828/334890/responsive-images/mina___media_library_original_1200_493.jpg 1200w, https://cimg.co/news/126828/334890/responsive-images/mina___media_library_original_900_369.jpg 900w, https://cimg.co/news/126828/334890/responsive-images/mina___media_library_original_720_296.jpg 720w, https://cimg.co/news/126828/334890/responsive-images/mina___media_library_original_600_246.jpg 600w, https://cimg.co/news/126828/334890/responsive-images/mina___media_library_original_300_123.jpg 300w" width="1793" class="content-img" alt=""></figure>If a new MINA bull run has begun, all these levels could well be hit in 2024.The Mina Protocol is one of the most advanced blockchains in the market &ndash; its ZK proof technology means it is as secure, decentralized, fast and cheap as any other blockchain on the market.It&rsquo;s still small market cap of around $750 million means there is plenty of room for upside for MINA as the Mina Protocol benefits from further adoption.With big backers like <a href="https://cryptonews.com/news/coinbase-dispels-rumors-of-imposed-5000-per-week-limit-on-bitcoin-withdrawals.htm">Coinbase</a> having funded the project in the past, who&rsquo;s to say MINA can&rsquo;t 100x and hit a market cap of $75 billion.<h2 id="strong-crypto-alternatives-to-consider-strong">Crypto Alternatives to Consider</h2>With things looking bad for LUNC, investors should consider alternatives.Those looking for a better probability of near-term gains, an alternative high-risk, high-reward investment strategy to consider is getting involved in&nbsp;<a href="https://cryptonews.com/news/new-cryptocurrency.htm">crypto presales</a>.This is where investors buy the tokens of upstart crypto projects to help fund their development.These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.If an investor can identify such projects, the risk/reward of their presale investment is very good.The team at Cryptonews spends a lot of time combing through presale projects to help investors out.Here is a list of 15 of what the project deems as the best crypto presales of 2023.<a href="https://cryptonews.com/news/new-cryptocurrency.htm">See the 15 Cryptocurrencies</a>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Mina Protocol Price Prediction as MINA Doubles Overnight – Next 100x Crypto?

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