Magic Internet Money (MIM) Self Reported Market Capitalization Achieves $103.17 Million

Magic Internet Money (MIM) traded down 0.1% against the US dollar during the 1 day period ending at 15:00 PM ET on August 3rd. During the last week, Magic Internet Money has traded 0.4% lower against the US dollar. One Magic Internet Money coin can currently be purchased for $0.99 or 0.00001650 BTC on popular exchanges. Magic Internet Money has a total market cap of $103.17 million and $149,144.43 worth of Magic Internet Money was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 1.4% against the dollar and now trades at $0.0123 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 17.4% against the dollar and now trades at $0.0822 or 0.00000136 BTC.

About Magic Internet Money

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. The official website for Magic Internet Money is abracadabra.money. Magic Internet Money’s official Twitter account is @mim_spell and its Facebook page is accessible here. 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 currently possible to purchase alternative cryptocurrencies such as Magic Internet Money directly using US dollars. Investors seeking to trade Magic Internet Money should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Magic Internet Money using one of the exchanges listed above.

MIM/USD price chart by TradingView