Magic Internet Money Price Reaches $1.00 on Exchanges (MIM)

Magic Internet Money (MIM) traded 0.3% higher against the U.S. dollar during the one day period ending at 12:00 PM E.T. on June 21st. Magic Internet Money has a total market capitalization of $103.44 million and $111,771.88 worth of Magic Internet Money was traded on exchanges in the last 24 hours. One Magic Internet Money coin can now be bought for approximately $1.00 or 0.00001563 BTC on major cryptocurrency exchanges. During the last seven days, Magic Internet Money has traded 0.8% higher against the U.S. dollar.

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

  • KILT Protocol (KILT) traded 0.7% higher against the dollar and now trades at $0.21 or 0.00000332 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 down 2.2% 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 up 1.9% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 2.1% against the dollar and now trades at $0.0107 or 0.00000017 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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 message board for Magic Internet Money 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 purchase alternative cryptocurrencies such as Magic Internet Money directly using U.S. dollars. Investors seeking to acquire Magic Internet Money should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Magic Internet Money using one of the exchanges listed above.

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