Magic Internet Money (MIM) Price Tops $0.99 on Top Exchanges

Magic Internet Money (MIM) traded 0.2% lower against the US dollar during the 1-day period ending at 23:00 PM ET on April 30th. Magic Internet Money has a market capitalization of $103.14 million and approximately $162,285.99 worth of Magic Internet Money was traded on exchanges in the last 24 hours. During the last week, Magic Internet Money has traded up 0.1% against the US dollar. One Magic Internet Money coin can currently be bought for approximately $0.99 or 0.00001660 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 2.4% lower against the dollar and now trades at $0.29 or 0.00000484 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• BitcoinBR (BTCBR) traded up 97% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1% higher against the dollar and now trades at $0.0097 or 0.00000016 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 message board is abracadabramoney.medium.com. 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 presently possible to purchase alternative cryptocurrencies such as Magic Internet Money directly using US dollars. Investors seeking to trade Magic Internet Money should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Magic Internet Money using one of the exchanges listed above.

MIM/USD price chart by TradingView