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-200% Bonus$1,863,558,192
$149,487
1,933,352,207 MIM
Magic Internet Money MIM Magic Internet Money (MIM) Chart
Magic Internet Money (MIM) Return On Investment(ROI)
Magic Internet Money (MIM) Token Price Now
Magic Internet Money price today is $0.9639 with a 24-hour trading volume of $149,487. MIM price is up 0.7% in the last 24 hours. It has a total supply of 1.93Bil.
In order to search for real-time and historical information about Magic Internet Money (MIM) blockchain, including data related to blocks, transactions, addresses, and more, you may use Magic Internet Money (MIM) block explorers. Here are some of the most popular and useful Magic Internet Money (MIM) blockchain explorers out there:
- etherscan.io
- bscscan.com
- ftmscan.com
- snowtrace.io
- arbiscan.io
- solscan.io
- finder.terra.money
- moonriver.moonscan.io
What Is Magic Internet Money(MIM)?
The Magic Internet Money (MIM) token is a USD pegged stable coin that is backed by interest bearing tokens!
Abracadabra.money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin (Magic Internet Money - MIM), that can be used as any other traditional stablecoin.
Why Magic Internet Money?
Since MIM is a USD pegged stable coin, it needs to remain pegged to the USD. The mechanics used rely on arbitrage, keeping it simple. This can happen in several ways.
- Users that hold debt, in MIM, might notice that MIM is trading on some market below 1 USD and decide to buy some MIM at this discount to repay some of their debt. This purchase of MIM will have a price rising effect relative to their volume.
- Users that hold components (valid collateral), might notice that MIM is trading on some market above 1 USD and decide to open a position and sell the MIM borrowed to put to use elsewhere. This transaction will have a price lowering effect relative to their volume.
- Users that hold other cryptocurrencies, (stablecoins or not) might see MIM trading differently on two of the above mentioned markets and decide to buy MIM on one market where the price is below 1USD and sell on another where the price is either at 1USD or above. This can also happen in reverse.
In most cases, a lot of the Market to Market arbitrage is done by automated bots that constantly monitor pools for opportunities to capitalize on these price differences. This has the benefit of having price pegs being corrected quite rapidly.
MIM tokens are minted by a Multisign, deposited in the Kashi Markets smart contracts, and then injected into circulation only after the user deposits the collaterals!
Where Can You Buy Magic Internet Money(MIM)?
Investing in Magic Internet Money can seem complicated, but it is much easier when you buy Magic Internet Money through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Magic Internet Money — both for fiat money and other cryptocurrencies. Some of the most popular Magic Internet Money cryptocurrency exchange are:
Please check Magic Internet Money(MIM) token address If you want to buy or sell Magic Internet Money(MIM) on dex exchange. Beware of scams!
Click here to view Magic Internet Money(MIM) price in different crypto exchanges.
Magic Internet Money (MIM) Community
- Twitter: https://twitter.com/MIM_Spell
- Discord: https://discord.com/invite/mim
- Medium: https://abracadabramoney.medium.com
What is Magic Internet Money (MIM) Contracts address?
- Ethereum: 0x99d8a9c45b2eca8864373a26d1459e3dff1e17f3
- Arbitrum(Arb One): 0xfea7a6a0b346362bf88a9e4a88416b77a57d6c2a
- BNB Chain(BEP20): 0xfe19f0b51438fd612f6fd59c1dbb3ea319f433ba
- Solana: HRQke5DKdDo3jV7wnomyiM8AA3EzkVnxMDdo2FQ5XUe1
- Fantom: 0x82f0b8b456c1a451378467398982d4834b6829c1
- Avalanche C-Chain: 0x130966628846BFd36ff31a822705796e8cb8C18D
- Moonriver(ERC20): 0x0cae51e1032e8461f4806e26332c030e34de3adb
- Terra: terra15a9dr3a2a2lj5fclrw35xxg9yuxg0d908wpf2y
Magic Internet Money FAQ
What is the price of Magic Internet Money (MIM) token?
The current Magic Internet Money usd price is $0.9639. We update the Magic Internet Money USD price in real time. Get live prices of Magic Internet Money on different cryptocurrency exchanges around the world on Coincarp.
Is Magic Internet Money (MIM) token a good investment?
It depends on your personal risk tolerance and investment goals. Magic Internet Money is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Magic Internet Money investing, you will also need to understand the Magic Internet Money project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Magic Internet Money investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Magic Internet Money (MIM) token token?
You can buy Magic Internet Money from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Magic Internet Money. Cryptocurrency exchanges that currently support Magic Internet Money trading include:
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Magic Internet Money involves high risks.You should always do your own research and make sure you understand the risks associated with Magic Internet Money trading before you begin.
How to short Magic Internet Money (MIM) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Magic Internet Money contracts or ETF trading. so you can't short Magic Internet Money
What will Magic Internet Money (MIM) token be worth in 5 years?
It is impossible to predict what Magic Internet Money will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Magic Internet Money's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Magic Internet Money 5 years from now.
MIM Price Statistics
Magic Internet Money Price
$0.9639
Price Change24h
$0.0067 0.70%
24h Low / 24h High
$0.9567 / $0.9661
Trading Volume 24h
$149,487
Volume/Market cap (24h)
0.01%
Market Dominance
--
Market Cap
--
Fully Diluted Market Cap
$1,863,558,192
7d Low / 7d High
$0.9567 / $0.9663
30d Low / 30d High
$0.9567 / $0.9784
90d Low / 90d High
$0.1354 / $0.9988
52 Week Low / 52 Week High
$0.1354 / $6.22
All Time High
$6.22
All Time Low
$0.1354
