2021-10-12 14:12

In this guide, we will voice our own and market’s opinion on MINA future while discussing Mina price forecast for 2022 and beyond.

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Mina.

Now, let’s head into it. Before we delve deep into the Mina price prediction and answer questions if MINA is a good investment or not, why will MINA succeed or fail or why will Mina price rise or drop, let’s quickly throw a glance at what is MINA and its to date history.

What is Mina Protocol?

Mina Protocol aims to be a lightweight blockchain that maintains a constant size of just 22 kB, regardless of how many transactions are committed to the network. This size should allow anyone to operate a node and help secure its network without needing sophisticated computer hardware.

This breakthrough is made possible due to zk-SNARKs – a type of succinct cryptographic proof. Each time a Mina node produces a new block, it also generates a SNARK proof verifying that the block was valid. All nodes in the network can then store just this proof moving forward, and don’t need to worry about the raw block data. By not having to worry about block sizes, the Mina protocol enables vastly higher throughput in the network, and enables a blockchain that is decentralized at scale.

MINA Tokenomics

The native token of the blockchain is called MINA, and it is used for all network activities, including as an incentive for network participants and as a form of payment. The initial supply of MINA is 1 billion, however the supply is not capped. In addition each MINA is divisible into one billion units that are called nanominas. All of this can be changed through on-chain governance.

MINA Price Prediction For The Next 90 Days

The whole crypto market is currently on the verge of a real bull run.

There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap.

Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run. As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history.

Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will MINA develop in the short-term (for the next 90 days), according to our prediction model:

Quick reminder for crypto newcomers

Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.

If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.

If you plan to be a holder, then why not put that crypto to work by borrowing it out on crypto lending platforms.

Below are our recommendations:

Exchange: Binance for highest liquidity and coin choice. Gate.io & KuCoin for gem hunters. ByBit for leveraged trading (Margex for really crazy leverages).

Safe hardware wallet: Ledger Nano X, Trezor or CoolWallet Pro.

Tax Tool: Koinly, Cointracking or ZenLedger.

Charting tools & bots: Bitsgap, Coinrule or Cryptohopper.

Lending platforms: BlockFi (for US residents), YouHodler (for EU and rest of the world).

Show Less Mina Price Prediction 2022

Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.

MINA Price Prediction 2025 – 2030 – 2040

Our prediction model sees MINA reaching new highs in 2025:

$ 10.00

MINA price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.