Magic Internet Money (MIM) Price Up 0.1% This Week

Magic Internet Money (MIM) traded down 0% against the dollar during the one day period ending at 15:00 PM E.T. on June 26th. Magic Internet Money has a total market capitalization of $103.39 million and approximately $84,757.34 worth of Magic Internet Money was traded on exchanges in the last 24 hours. In the last week, Magic Internet Money has traded 0.1% higher against the dollar. One Magic Internet Money coin can now be bought for approximately $1.00 or 0.00001638 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 0.2% against the dollar and now trades at $0.21 or 0.00000341 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 down 2.2% 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 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.
• Lumi Credits (LUMI) traded 2% higher against the dollar and now trades at $0.0112 or 0.00000018 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Magic Internet Money Coin Profile

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. Magic Internet Money’s official Twitter account is @mim_spell and its Facebook page is accessible here. Magic Internet Money’s official website is abracadabra.money. The official message board for Magic Internet Money is abracadabramoney.medium.com.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Magic Internet Money using one of the exchanges listed above.

MIM/USD price chart by TradingView