Magic Internet Money Price Down 0.6% This Week (MIM)

Magic Internet Money (MIM) traded 0.6% lower against the U.S. dollar during the twenty-four hour period ending at 15:00 PM ET on July 10th. Magic Internet Money has a market capitalization of $102.28 million and approximately $93,978.90 worth of Magic Internet Money was traded on exchanges in the last day. One Magic Internet Money coin can now be bought for about $0.99 or 0.00001713 BTC on major cryptocurrency exchanges. Over the last week, Magic Internet Money has traded 0.6% lower against the U.S. dollar.

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

• KILT Protocol (KILT) traded up 0.3% against the dollar and now trades at $0.19 or 0.00000326 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 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 $0.0122 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

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

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 presently possible to buy alternative cryptocurrencies such as Magic Internet Money directly using U.S. dollars. Investors seeking to trade Magic Internet Money should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Magic Internet Money using one of the exchanges listed above.

MIM/USD price chart by TradingView