Mina, a utility token backed by a “lightweight” smart contracts platform of the same name, continued its upside move nine days after rebounding from $1.58, its lowest level to date.
The coin rallied by about 75% to reach $2.75 as of March 24 as traders weighed high-profile funding rounds involving the sale of $92 million worth of Mina tokens to Three Arrows Capital, FTX Ventures and other venture capitalists.