Magic Internet Money (MIM) Trading Down 0.8% Over Last 7 Days

Magic Internet Money (MIM) traded up 0.1% against the U.S. dollar during the 1-day period ending at 22:00 PM E.T. on February 4th. Over the last seven days, Magic Internet Money has traded down 0.8% against the U.S. dollar. One Magic Internet Money coin can currently be bought for approximately $0.99 or 0.00002333 BTC on major cryptocurrency exchanges. Magic Internet Money has a market cap of $103.05 million and $92,763.24 worth of Magic Internet Money was traded on exchanges in the last day.

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

  • KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.35 or 0.00000815 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 down 2.2% 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0.1% lower against the dollar and now trades at $0.0122 or 0.00000029 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 1.8% against the dollar and now trades at $0.0088 or 0.00000021 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Magic Internet Money Coin 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 message board 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 currently possible to purchase alternative cryptocurrencies such as Magic Internet Money directly using US dollars. Investors seeking to acquire Magic Internet Money should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Magic Internet Money using one of the aforementioned exchanges.

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