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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’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 $0.41 levels, respectively, indicating a strong chance the price of MINA could come down and bounce off these levels.
market changes so quick – @moralismoney reporting all moves!$MINA in the lead!$HEX right behind$PLS third place
lets see how this race develops today pic.twitter.com/DYgEdm0jiQ
— Ivan on Tech 🥕🥕🫐🫐🍓 Moralis (@IvanOnTech) October 24, 2023
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.
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.
Don't forget, #SPONGERS! 🧽 $SPONGE Airdrop Season 1 is almost over! 👀
📅 Entries open until Oct 30th
🎉 Winners selected on Nov 1st🔗 Learn how to enter below:https://t.co/lzRhjW4oLL#SPONGE #Web3 #Crypto #Alts pic.twitter.com/mh1wcpO6cV
— $SPONGE (@spongeoneth) October 13, 2023
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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