Mina Price Prediction: MINA Coin Explodes 28% As Experts Say SpongeBob May Be Poised For Lift-Off

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Mina Protocol (MINA) has rallied 28% from its previous strong support level. Following the massive rally Bitcoin exhibited, MINA and other cryptocurrencies took off. According to data from Coingecko, as of 7:44 a.m. EST, MINA is trading at $0.6732, which marks a 24% drop in the last 24 hours.

MINA May Yet Surprise Holders as It Eyes to $1.00 Price

MINA/USDT Chart by TradingView
MINAUSDT Chart. Source: TradingView

MINA’s key support levels are currently at $0.53, $0.50, and $0.46. MINA’s price action is expected to retrace to this level as bulls prepare to try and engage in another rally.

Up ahead, MINA faces strong and old support resistance at the $1.00 mark. These are notoriously difficult to beat, but with enough bullpower, MINA can push through.

The 200-day and 50-day moving averages provide support at $0.49 and $0.41 levels, respectively, indicating a strong chance the price of MINA could come down and bounce off these levels.

While MINA traders wait for the next move from the token, Sponge (SPONGE) is sporting a breakout that could turn into a 100x rally.

SPONGE Best MINA Alternative 

SPONGE is the native token of the Spongebob ecosystem. It is a community-centric meme token that allows its investors to make handsome ROI while having fun in the crypto space.

SPONGE/USDT Chart by GeckoTerminal
SPONGE/USDT Chart. Source GeckoTerminal.com

As of the time of writing (7:44 a.m. EST), data from GeckoTerminal.com shows that the price of SPONGE is $0.00010734. 

The asset has a 24-hour trading volume of $664K, which marks a 4.40% price increase in the last 24 hours and a 14.21% price increase in the past 7 days. 

Moving forward, the price prediction suggests a gradual growth pattern with occasional spikes and consolidations.

Win SPONGE in Ongoing Sponge Airdrop Competition

Sponge is hosting an airdrop competition that is scheduled to end soon. The airdrop will see  10% of the SPONGE supply distributed to eligible participants.

The winner of the competition will be selected on November 1, 2023. This is just Season 1; other airdrop programs may be coming up soon after this one.

You can purchase SPONGE tokens on several exchanges, including Uniswap, LBANK, MEXC, and BitGet to get in on this fun.

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