Minu (MINU) is one of the top-performing cryptocurrencies today, up by over 60% in just 24 hours. At the time of going to press, Minu was trading at $0.000001507.
Minu describes itself as a pioneer in mining dog coins on the Binance Smart Chain. The idea behind Minu is quite simple. Minu has a DApp, through which miners earn around 8% daily. The best part is that the returns are paid out in Binance Coin (BNB), one of the largest cryptocurrencies by market cap and one of the most credible. Also, in mining, 2% of every transaction involving the miner’s Minu tokens are added to their contract. Essentially, miners earn BNB while simultaneously enjoying a growing stash of their Minu tokens.
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This is part of why many investors are flocking into the Minu ecosystem. However, there is a lot more going on for Minu that is playing into its price dynamics today and could see the price do even better going into the future.
8000 New Users On MINU
One of them is growing community engagement on social media, helping draw in new investors to the Minu ecosystem. Earlier today, the Minu team on X announced that the project had hit a milestone of 8000 new followers that had been acquired organically. This is a big deal as 8000 new people know about Minu and will likely spread the word to those around them. Minu’s current price action means even more people are looking to accumulate MINU tokens aggressively.
We have just reached 8000 organic followers on @CoinMarketCap Community!https://t.co/iQ3pYaN5K0
👉Thank you for the support you have shown us from day 1.
Be ready, ATH about to get smashed!#Minu #CoinMarketCap #CMC #New #ATH pic.twitter.com/XeMph8GD2y
— Minu (@minu_coin) February 14, 2024
New Exchange Listings
Even better is that major exchanges seem keen on Minu despite its relatively new cryptocurrency. Two days ago, the Minu team announced on X that the token had been added to Coinbase price tracking. Coinbase has offered a guide on how to buy Minu. This is a big deal as it points to a possible listing of Minu on Coinbase. Such a move could significantly increase the number of people considering MINU a viable investment. That’s because Coinbase is one of the most credible cryptocurrency exchanges in the world, and all tokens listed there have an element of credibility to them.
$MINU is now available for Price Tracking on @coinbase with also an extra guide of “How to buy Minu”👀https://t.co/l5IEQnxGrThttps://t.co/F02e9Du76k
👉Make sure to add Minu in your watchlist! #Minu #Coinbase pic.twitter.com/9CnHs9uMuH
— Minu (@minu_coin) February 12, 2024
Outside of growing speculation on possible exchanges that could list Minu, some have already taken the step, and the market is excited. ProBit listed Minu at the start of the month and has been one of the key drivers of the growing volumes and rising MINA price momentum.
At the moment, the best way to buy MINU is through upcoming crypto exchanges like ProBit and P2B. The token is also available on popular DEXs like Pancake (V2), Pancake (V3) and Solana’s Jupiter.
In the section below, we do a MINU price analysis, examining whether it can continue the momentum it has built so far.
MINU Crypto Price Prediction
When going to press, MINU was trading at $0.000000157, giving MINU a market capitalization of $864.9 million. Volumes have also been rising over the last 24 hours and stand at $4.27 million, up 25% daily.
From the charts, MINU is currently in an uptrend, but buying volumes are thinning out. This creates a scenario where an injection of new money into the system, even by a few investors, could send the token rocketing to new highs quickly.
On the flip side, if no new money flows into MINU within the day, a dump could follow since there is no real support for the price.
The Case For More Upside Today
While there could always be a dump, the higher possibility is that of MINU rocketing to new highs in the day. That’s because the cryptocurrency market is bullish, meaning investors are scouting for high-potential cryptos, especially in the meme coin category.
Now that Minu is among the top trending cryptocurrencies of the day, investors could rush in in anticipation of more upside. This, given how low the volumes needed to move MINU’s price are, means another sharp upside is possible.
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