Multichain (MULTI) Self Reported Market Cap Reaches $4.26 Million

Multichain (MULTI) traded down 10.7% against the US dollar during the 1-day period ending at 10:00 AM E.T. on February 1st. One Multichain token can currently be bought for $0.23 or 0.00000296 BTC on popular cryptocurrency exchanges. Multichain has a market cap of $4.26 million and $17.89 thousand worth of Multichain was traded on exchanges in the last 24 hours. In the last seven days, Multichain has traded 16.9% lower against the US dollar.

Here’s how other cryptocurrencies have performed in 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 2.2% lower 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.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded 5% lower against the dollar and now trades at $77,536.94 or 0.99015065 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Multichain Token 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 is a Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions.Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has its own unique services that it provides, its own community and its own development ecosystem.The solutions developed by Multichain allow almost all blockchains to inter-operate. There is no restriction to Ethereum like chains (e.g. Binance Smart Chain), or different Layer 2 chains requiring finality to Ethereum (e.g. Polygon), or a network of Parachains (e.g. Moonbeam in the PolkaDot system), or Bitcoin types of chain (e.g. Litecoin), or COSMOS chains (e.g. Terra). These are either now all integrated, or on course for integration. With support for all ECDSA and EdDSA encrypted chains, Multichain is almost universally applicable as an interoperable layer.”

Multichain Token Trading

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

MULTI/USD price chart by TradingView