Magic Internet Money (MIM) One Day Trading Volume Tops $1.53 Million

Magic Internet Money (MIM) traded 0.6% lower against the U.S. dollar during the one day period ending at 9:00 AM ET on November 14th. One Magic Internet Money coin can now be bought for approximately $1.00 or 0.00001098 BTC on popular exchanges. In the last week, Magic Internet Money has traded 0.4% lower against the U.S. dollar. Magic Internet Money has a market cap of $103.43 million and approximately $1.53 million worth of Magic Internet Money was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.8% against the dollar and now trades at $90,810.47 or 1.00052859 BTC.
• SolvBTC (SOLVBTC) traded 2.3% higher against the dollar and now trades at $90,743.68 or 0.99979270 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Magic Internet Money

Magic Internet Money launched on June 2nd, 2021. Magic Internet Money’s total supply is 698,964,077 coins and its circulating supply is 103,827,108 coins. The official message board for Magic Internet Money is abracadabramoney.medium.com. Magic Internet Money’s official website is abracadabra.money. 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.”

Magic Internet Money Coin Trading

It is usually not 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Magic Internet Money using one of the aforementioned exchanges.

MIM/USD price chart by TradingView