MINU Price Prediction – MINU Set To Rocket On Possible Binance Listing
Minu is undoubtedly one of the cryptocurrencies that have made investors a lot of money this month. It is also one of the best performers in the year so far, up by 6000% since it launched in January 2024. However, like the rest of the market, MINU is in a correction today. In the last 24 hours, MINU is down by 31% to trade at $0.0000000862.
Minu continues to draw in investors for its interesting value proposition. Unlike other meme coins that rely purely on marketing hype, MINU draws most of its strength from giving investors an opportunity to mine crypto that they can sell for money. Through the MINU app, investors can mine BNB tokens, and this has seen MINU attract more than 8000 users, and these numbers keep growing.
The attraction towards MINU is evident in the fact that investors are going to great extent to buy it. MINU is currently not available on the major exchanges and currently can only be bought at upcoming exchanges like ProBit and P2B. Other than that, investors have to go through the complexities of decentralized exchanges to buy this token.
Top-Tier Exchange Listing: Is It Binance?
Things are about to change in a big way for MINU, though, if their team’s announcement on X is anything to go by. Today, the MINU team has announced that MINU is about to get listed on a top tier cryptocurrency exchange. From the announcement talks are in the advanced stages, and the announcement will be made by the exchange on its social media pages.
$MINU will be listed in a Top Tier CEX. We are in communication currently and once deal is closed, you will directly see the announcement from CEX’s Social Media.
We were listed on @ProBit_Exchange at 800-900k MC that is Top 20. Now we are talking with a bigger one.
👉Try to…
— Prince⚡️ (@PrincesFast_) February 22, 2024
This has created a lot of speculation that the top-tier exchange where MINU could be headed to is Binance. If it happens to be Binance, it could be a game changer for MINU, one that could see the token easily push another 1000% or more in gains in coming days.
That’s because Binance the world’s largest exchange by volumes, and if they list MINU, a lot more people would want to buy the token for the potential it has shown so far. The speculative wave would likely be driven by the fact that so far, this is one of the new meme coins that have proven to have a reliable team that actually does what it says it will do. This confidence boost will likely trigger a new wave of FOMO in MINU unlike anything that has been seen recently.
In the follow up section, we take a look at MINU’s price prediction to determine whether this is the perfect time to buy and whether another 1000%+ gains can be recorded in coming days or weeks.
MINU Crypto Price Prediction
When going to press, MINU was trading at $0.0000008886. Volumes have dropped slightly in this period, down 10% to $2.78 million.
From the charts, it is clear that MINU has been in a correction for the last 24 hours. This is mainly driven by a minor correction in the broader cryptocurrency ecosystem, and profit taking by MINU investors, who are up by 1000s of percentages. However, in the last couple of hours, MINU selling volumes are in decline, and the token seems to have found strong support at $0.0000008480.
$MINU is on the Top 10 Trending and Most Visited tokens of CoinMarketCap!https://t.co/8dA5L9n7SXhttps://t.co/sjdpb8Tavt
👉Our Team is currently in communication with one of the biggest Centralized Exchanges in order to expand the trading of $MINU into a bigger market!… pic.twitter.com/mHU1kflUnF
— Minu (@minu_coin) February 23, 2024
If the $0.0000008480 support holds and bulls regain momentum, the key level to watch would be the $0.0000012 high that MINU has hit in the last 24 hours. If the $0.0000012 resistance is broken, then MINU could regain the momentum built earlier and could easily kill another zero over the weekend.
However, if volumes drop, two scenarios could play out. One of them is a consolidation around $0.0000008480. On the other hand, if bears prevail and the $0.0000008480 is broken, and with high volumes, MINU could see more downside over the weekend.
Why A Bullish Reversal Is Imminent For MINU
While there is a case where MINU can either consolidate or turn more bearish, the odds are for a bullish reversal. That’s because the news of a big exchange listing is only starting to filter into the market. As more people learn of it at such a time when MINU has pulled back by over 20%, FOMO could be huge.
The fact that the broader market is also stabilizing after a minor correction earlier is also likely to give weight to MINU’s news. The odds of MINU gaining by 100% or more over the weekend are high.
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Kamal Masri
Kamal is an experienced financial analyst with a demonstrated history of working in the Financial Market. Skilled in Equities, Capital Markets, Portfolio Management, Risk management, and Corporate Finance. Kamal has worked at some of the leading online finance publications providing his expert knowledge on cryptocurrency. Kamal has written widely on digital assets across the stock and crypto media space and beyond, including for Coindesk, Ethereum World News and The FinTech Times.
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