Magic Internet Money MIM #3523

$0.99783993

0.00% (1d)

Market Cap

BTC Price

$0.00001051

FDV

Vol24h

$438.3K

Circulating Supply

Total Supply

Info

Website
Website Whitepaper
Community
Algorithm
Proof Type
Block Reward

0
messages.All Time High

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The current price of Magic Internet Money is $0.99783993 in USD. As of now, a total of 0 MIM are in circulation across the market. Magic Internet Money has experienced a price change of 0.00% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Magic Internet Money trading volume on crypto exchanges has reached $438.3K.

- Changelly
- Crypto.com

Description

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.