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Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low -Breaking

by Mike Robinson

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Mirror Protocol, which is a Decentralized Finance (DeFi), protocol that was built on Blockchain, suffered one of the worst financial crises since Vladimir Putin’s death. Ordained military strikes against Ukraine.

The native token of Mirror Protocol, MIROn February 24, the price dropped to $0.993 – its lowest point to date, due to a decline in crypto trading. However, the price rebounded quickly and reached $1.41 just two days after, an increase of more than 40% compared to MIR’s record-low.

Four-hour MIR/USD chart. Source: TradingView
Price chart for MIR/USD, four hour. Includes golden cross and Fibonacci Retracement Levels. TradingView
Chart of MIR/USD for four hours, showing correlation between Mirror Protocol (in USD) and TradingView. TradingView

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