$MINA is down 23% — and I’m not buying the dip just because it looks cheap.
MINA dropped to around $0.1226 in my latest Binance snapshot, making it easily one of the ugliest moves on my search list today.
What makes this interesting is that Mina recently completed the Mesa mainnet upgrade.
Mesa cut block time from 180 seconds to 90 seconds, increased capacity for zkApps and improved how future network upgrades can be handled.
So the technology story actually improved recently.
The price story clearly hasn’t.
And I haven’t found a confirmed fundamental event serious enough to confidently explain today’s entire sell-off.
That’s exactly why I wouldn’t try to catch the falling knife.
Let the price stabilize first. Then reassess.
$MINA
#MinaProtocol #MINA #ZeroKnowledge #zkApps #CryptoMarket
MINA dropped to around $0.1226 in my latest Binance snapshot, making it easily one of the ugliest moves on my search list today.
What makes this interesting is that Mina recently completed the Mesa mainnet upgrade.
Mesa cut block time from 180 seconds to 90 seconds, increased capacity for zkApps and improved how future network upgrades can be handled.
So the technology story actually improved recently.
The price story clearly hasn’t.
And I haven’t found a confirmed fundamental event serious enough to confidently explain today’s entire sell-off.
That’s exactly why I wouldn’t try to catch the falling knife.
Let the price stabilize first. Then reassess.
$MINA
#MinaProtocol #MINA #ZeroKnowledge #zkApps #CryptoMarket