MINA (Mina) down 10.41% in the last 24 hours

Gate News Bot message, November 11th, according to CoinMarketCap data, MINA (Mina) is currently priced at $0.15, down 10.41% in the past 24 hours. The highest price reached $0.21, and the lowest dropped to $0.12. The 24-hour trading volume is $46.1 million. The current market capitalization is approximately $188 million, a decrease of about $21.81 million from yesterday.

Recent important news about MINA:

1️⃣ New Trading Pair Drives Price Volatility
Gate will launch the MINA/USDC spot trading pair at 16:00 on November 11, 2025 (UTC+8), along with the corresponding trading bot services. This move is expected to enhance MINA’s liquidity and trading convenience, which may be a significant factor contributing to recent sharp price fluctuations.

2️⃣ Significant Short-Term Price Surge Followed by Pullback
On November 6, MINA experienced a 44.69% single-day increase, with the price reaching $0.19. However, in the following days, MINA’s price saw a notable pullback, declining 10.41% as of November 11. This intense volatility reflects high market attention and trading enthusiasm for MINA, as well as its short-term speculative nature.

3️⃣ Rapid Changes in Market Cap and Trading Volume
MINA’s market cap fluctuated significantly over a few days. On November 6, it rose to $238 million, an increase of $73.4 million from the previous day. By November 11, it had fallen back to $188 million, a decrease of about $50 million from the peak. Meanwhile, the 24-hour trading volume dropped from a high of $161 million to the current $46.1 million, indicating a cooling of market activity.

From a technical perspective, MINA’s price has pulled back after breaking the recent high of $0.19, possibly seeking new support levels. Given the recent volatility, investors should closely monitor potential further adjustments. Fundamentally, MINA’s lightweight blockchain design and privacy features continue to attract market attention, which may support its long-term development. However, in the short term, prices could still be influenced by speculative sentiment.

This message is not investment advice. Please be aware of market volatility risks.