While Bitcoin [BTC] has been focusing on reaching $24K, other lesser-known cryptocurrencies have been making gains in the market. One such asset, the MINA token, has recently gained double-digit growth.
At the moment, MINA is being traded at $0.84 with a 24.62% increase in the last 24 hours, making it the best-performing asset in the cryptocurrency market. The recent rally from a low of $0.6539 to a high of $0.9176 has led some to speculate if its next target is $1.
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As shown in the chart, MINA has surpassed key resistance levels of $0.766 and $0.821. However, there has been a slight dip in its growth. If this trend continues, MINA could drop to its next support levels of either $0.627 or $0.518. It's worth noting that the asset has grown nearly 125% since January 1, 2023, and reached a value last seen in August 2022.
While the crypto community is optimistic about reaching $1, some believe that the recent surge may only be short-term.
Additionally, there has been buzz surrounding zk tokens as the future of blockchain scalability and privacy. These tokens are slowly gaining momentum.