Multichain Price Tops $0.11 (MULTI)

Multichain (MULTI) traded down 16.8% against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on January 17th. During the last seven days, Multichain has traded down 20.7% against the U.S. dollar. Multichain has a total market capitalization of $1.97 million and $101,860.46 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can now be purchased for approximately $0.11 or 0.00000104 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 up 3.2% against the dollar and now trades at $102,194.05 or 0.99643355 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.2% against the dollar and now trades at $101,170.38 or 0.98645227 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Multichain Profile

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

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.”

Buying and Selling Multichain

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

MULTI/USD price chart by TradingView