MINA / TetherUS
Long
Updated

Elevator Up

242
MINA (Layer 1, ZK narrative) - $1.1bn market cap

Broke the downtrend and basing into a solid bull flag.

Raised $92mm couple weeks ago from Three Arrows Capital and FTX Ventures, which should give this a big lift as these investors are incentivized to support the price. This could be the ground floor of a monster move as this gets re-rated in the months ahead.
theblockcrypto.com/post/138264/mina-protocol-ecosystem-token-sale-three-arrows-ftx
Note
Breaking out of the bull flag. Think this could be the beginning of a big run. Most of the reputable L1s are $8bn+ market cap and ZKP looking like one of the dominant narratives of 2022
Note
Nice relative strength so far and gaining momentum w/ Kraken, Bybit and Coinbase listing MINA. Big buyers seems to be liking the increased liquidity. RSI has plenty of room for some exponential moves here.

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