Magic Internet Money (MIM) Price Down 0.6% Over Last 7 Days

Magic Internet Money (MIM) traded up 0.1% against the US dollar during the 1-day period ending at 10:00 AM E.T. on February 5th. During the last seven days, Magic Internet Money has traded 0.6% lower against the US dollar. One Magic Internet Money coin can now be purchased for $0.99 or 0.00002327 BTC on major exchanges. Magic Internet Money has a market capitalization of $103.19 million and $96,235.31 worth of Magic Internet Money was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded up 0.4% against the dollar and now trades at $0.35 or 0.00000813 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 0% against the dollar and now trades at $0.0122 or 0.00000029 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded down 0.3% against the dollar and now trades at $0.0087 or 0.00000020 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Magic Internet Money Profile

Magic Internet Money’s launch date was June 2nd, 2021. Magic Internet Money’s total supply is 698,964,077 coins and its circulating supply is 103,827,108 coins. Magic Internet Money’s official website is abracadabra.money. Magic Internet Money’s official message board is abracadabramoney.medium.com. Magic Internet Money’s official Twitter account is @mim_spell and its Facebook page is accessible here.

According to CryptoCompare, “Magic Internet Money (MIM) is a stablecoin soft-pegged to the US dollar, created by Daniele Sestagalli in 2021. It is minted by the Abracadabra.money protocol and backed by interest-bearing tokens. MIM can be borrowed against collateral on the Abracadabra platform and allows fast and secure cross-chain transfers through Beaming. Its value is maintained through arbitrage, keeping it close to 1 USD. MIM serves as a stable digital currency for various financial activities on the blockchain.”

Buying and Selling Magic Internet Money

It is usually not currently possible to buy alternative cryptocurrencies such as Magic Internet Money directly using U.S. dollars. Investors seeking to acquire Magic Internet Money should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Magic Internet Money using one of the exchanges listed above.

Receive News & Updates for Magic Internet Money Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Magic Internet Money and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.