MINA Coin Develops New Features and Sets Price Targets

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MINA Coin, one of the most popular ZK networks, has been working on building its ecosystem for years. Currently, there are no significant applications on the network compared to its competitors. However, recent announcements indicate progress is being made. What are the details of the latest announcement? What could be the potential price?

MINA Coin Updates

Let’s briefly review the roadmap. Before the end of November, it was announced that Prokit, which facilitates the development of complex applications on the Mina network, will be launched. By December 2024, asset bridging between ETH and MINA is expected to become possible, aiding the transfer of liquidity from the Ethereum network to the MINA network. A major DEX launch is scheduled between January and March 2025.

In February 2025, private identity verification APIs are set to be launched on the mainnet. The Wallet API, which accelerates wallet development with mobile proof and applications, is also targeted for the first quarter of 2025. Full support for NFTs will be available by January 2025.

Today’s announcement focused on the launch of special token support for the Auro browser wallet following the release of the Mina Fungible Token Standard. Developers building applications on Mina can integrate support for special tokens, allowing users to transact with various digital assets by leveraging Mina’s interchangeable token standard.

MINA Coin Price Prediction

Ethereum’s ultimate goal is essentially what MINA Coin has been striving to build for years. The latest roadmap published by Vitalik outlines the targets for Ether, which MINA has been working towards. Mina features a block size of approximately 22kb, making it lightweight enough to run nodes even in a browser, offering unique advantages in decentralization, usability, and security.

The price currently supports $0.575 and requires a weekly close above $0.726. If achieved, it could aim for $0.9 and $1.04, eventually targeting a higher peak of $1.72 in 2024.

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