Mina coin In many respects, it represents the widths in crypto currencies, but the criticism of the development process reached the summit this year. Ethereum $2,025.99 While the delays on the bridge and other commitments triggered new price bottoms, Mina Coin was difficult but made a big decision. CEO now made its first official announcement.
Mina Coin News
Turkish crypto currency Mina Coin, which also showed great interest in its investors, fell below the pre -sales price of $ 0.25 in the overall market decline. The price that goes to extremely low levels is seen as a great purchase opportunity for some, while others now think that delays are more than frustration.
Mina coinHe will try to eliminate problems with years of experience until he puts the new temporary CEO works on the rudder. Josh Cincinnati wrote the following in his announcement;
“Today, Mina Foundation And I am writing to share important updates about our vision for the future of the Mina ecosystem. After the comprehensive dialogues we have carried out with community members, developers and stakeholders, we have noticed that we should change our route.
I am honored to assume the role of the Temporary CEO of the Mina Foundation and the Chairman of the Board of Directors to help guide this change. For those who did not know me, I have previously worked as the Executive Director of the Zcash Foundation. Cosmos now$4.83 I am working as the President of the Interchain Foundation Council, which I work with carefully to help combine the ecosystem – an experience that will help me when planning the next stage of the Mina Foundation.
As a part of this transition process, Evan Shapiro and Kurt Nepecker left their duties in the foundation. We are grateful to them for their leadership, vision and unshakable commitment to Mina. Their contributions have played a fundamental role in the fact that Mina reaches today and we look forward to the continuation of their effects on a wider ecosystem. ” – Mina official announcement
Mina Coin Future
Cincinnati has experience against such complex situations. This great transformation, which seems to be the last chance, now means that the “gas pressing” period has begun. The team that turns the delayed crypto currency bull into an opportunity, if the goals of the community can realize the products, Mina Coin can return to its prices close to $ 3. It can be said that progress has already begun with user tests and other steps for the Ethereum Bridge.
The new CEO said the following about the steps to be taken;
“Mina Foundation Now it focuses on two critical tasks in line with this priority:
- The determination of key products, ecosystems and technical skills/employees in the foundation and transferring them to O1LABS – as well as the responsibility of product delivery and protocol development, as well as transferring a world -class ZK team to O1LABS, where they maintain and raised.
- During this transition, it accelerated the creation and adoption of a decentralized treasury, while tokeomics helped to manage discussions and changes with the community.
And yes, this means that we are currently evaluating what is appropriate by giving a strict look at all strategic goals and resources with O1labs. Some initiatives can be suspended or terminated, while others can be transferred to O1Labs with their guidance and consent.
Such transitions can be challenging, but they also offer opportunities to restart opportunities and ultimately grow. Thanks to my cosmos experience, I first witnessed how strategic pivots can bring a new breath to an ecosystem to double focus and product ownership. In accordance with our first priority, O1LABS and Mina Foundation leadership teams are currently discussing to plan a forward -looking way, and the changes we have implemented are designed to maximize Mina’s chances of survival not only in the competitive environment of zero information technology.
We are aware that we cannot do this without a developing community and a community relying on our commitments and changes. During this process, we will do a better job in communicating with the community and receiving feedback, and we will give feedback to the community as soon as possible about the next steps. Brandon and I have committed to create a community space (The-Formerly-Known-As-Twitter) to start this process as soon as it is ready.
To rebuild this community confidence is critical for our second mission – to make the vision of a decentralized treasury and governance mechanism for the Mina ecosystem into reality and to make Mina support by the participants once again. Although it sounds like a huge task, I believe that we will develop it quickly (relatively) with a modernized foundation. After further progressing with O1labs, wait for more than us about commitments and timelines. ” – Mina official announcement
The peaks on the weeks of March 11 and December 2 show that there are increasingly lower hills. The last bottom in March was extremely exhausting. However, the green candles, albeit weak for 3 weeks after the continuous decreases, hope promising. With new announcements that can restore the road map and trust Mina coin The support of $ 0.33 can be withdrawn, and then the long -standing decline may open the door to resistance of $ 1 and $ 1.72 by re -exceeding the threshold of $ 0.538. This means about 5 -fold earnings, as the target of $ 1.72 is achieved. Almost all of the investors are in harm, as the price is close to $ 0.25, which is the pre -sales figure.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
