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MINU Crypto Deteriorated At Fast Pace, Can It Fly Higher Soon?

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MINU Crypto
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Minu is a crypto token designed for memes, built on Binance Smart Chain. It possesses a unique utility, with its decentralized app offering an 8% daily return to miners in the form of BNB. Additionally, the native Minu token steadily boosts the TVL (Total Value Locked) of miners with 2% of every transaction (buy or sell) going to the miner’s contract. Only those who hold Minu tokens can begin mining and receive daily rewards.

According to Gecko terminal, the 24-hour volume on all tradable exchanges is $49.27K, the total liquidity in the crypto is $236.49K, and the total number of holders invested in this crypto is 11.24K. Meanwhile, the crypto has aged an entire year counting from today, its FDV is $1.66 Million in total, and lastly, the market cap stands at $1.74 Million.

Additionally, the Gecko terminal converter also highlights that 1 MINU token has a value of $0.0000002896 in terms of WBNB.

MINU Crypto Statistics Overview

The price of MINU (MINU/WBNB) on Pancakeswap V2 (BSC) currently stands at $0.0000002898. The price has seen a decrease of -19.83% in the last 24 hours. It has been reported that the 24-hour trading volume of MINU/WBNB is $49,260.60 with a total of 329 transactions. 

The contract address for MINU/WBNB is 0x91d8d7dfcadc8e04195e75069e1316e01ba7f01c. The Fully Diluted Valuation (FDV) of MINU/WBNB is $28.98 Million, and the liquidity pool is $237.04K.

The 24-hour high for MINU/WBNB stands at $0.0000003661 while the 24-hour low currently is at $0.0000002553. The current liquidity of the MINU/WBNB pool with contract address 0x91d8d7dfcadc8e04195e75069e1316e01ba7f01c is $237,043.72. The pool was created a year ago, and its last transaction was recorded recently.

The exchange rate of 1 MINU to WBNB is $0.0000000005326. Based on this exchange rate, 1 USD would be able to acquire 3,450,334.16 MINU. The amount of pooled MINU is 407,922,667,320.32 ($118,521.86), and the amount of pooled WBNB is 217.81 ($118,521.86).

MINU Crypto Price Forecast

The MINU price showed strong sustenance signs at a crucial support level of around $0.0000002475.

Once again, the MINU crypto may experience a significant increase. That’s because its price had previously soared from nearby to this level of support, which will push the MINU asset to higher levels from its current supporting range.

MINU crypto has seen a fall of 1.95% in the past 24 hours and is being traded at $0.0000002726 at this moment of writing.

Therefore, if the demand for the MINU price (MINU) increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $0.0000006000 and $0.0000008500. Another possibility would be if the price value of MINU crypto fails to stay above $0.0000002475, it could also see a further decrease.

Summary

The MINU crypto has shown strong sustenance signs at a crucial support level of around $0.0280. The price previously soared from near this level of support, which could push the MINU asset to higher levels.

Currently, MINU crypto is being traded at $0.03203 and has seen an increase of 1.46% in the past 24 hours. If the demand for the MINU price increases from the current support, it could bounce back remarkably and reach its next target of $0.0415 and $0.0490. However, if the price fails to stay above $0.0280, it could decrease further.

Technical Levels

Support Levels

Resistance Levels

Disclaimer

In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

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