Multichain (MULTI) Hits Self Reported Market Cap of $2.25 Million

Multichain (MULTI) traded down 8.4% against the US dollar during the 1-day period ending at 11:00 AM Eastern on November 30th. One Multichain token can now be purchased for approximately $0.12 or 0.00000127 BTC on popular exchanges. Multichain has a market cap of $2.25 million and $104,136.73 worth of Multichain was traded on exchanges in the last day. During the last seven days, Multichain has traded down 50.8% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded down 1.4% against the dollar and now trades at $96,375.23 or 0.99754875 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.1% against the dollar and now trades at $96,314.52 or 0.99692042 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Multichain

Multichain’s launch date was December 15th, 2021. Multichain’s total supply is 100,000,000 tokens and its circulating supply is 18,363,292 tokens. The official website for Multichain is multichain.org. Multichain’s official Twitter account is @multichainorg and its Facebook page is accessible here. The official message board for Multichain is multichainorg.medium.com.

According to CryptoCompare, “Multichain (MULTI) on Ethereum was a protocol for cross-chain interoperability, originally launched as Anyswap in July 2020. It facilitated secure asset transfers across blockchain networks through a Secure Multi-Party Computation (SMPC) network. With services including bridging, routing, cross-chain messaging, and NFT support, MULTI served as a governance token within the ecosystem. In 2023, the project faced critical disruptions: CEO Zhao Jun was reportedly arrested in China, leading to infrastructure issues, and a subsequent security exploit resulted in the unauthorised transfer of $126 million. The protocol was shut down in July 2023, leaving the Ethereum-based MULTI token as a historical asset without active functionality.”

Multichain Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Multichain directly using US dollars. Investors seeking to acquire Multichain should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Multichain using one of the exchanges listed above.

MULTI/USD price chart by TradingView