Multichain Trading Down 70.7% Over Last 7 Days (MULTI)

Multichain (MULTI) traded 21.6% lower against the U.S. dollar during the one day period ending at 7:00 AM E.T. on January 21st. Multichain has a total market capitalization of $1.17 million and approximately $80,444.08 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can currently be bought for about $0.0636 or 0.00000061 BTC on popular cryptocurrency exchanges. Over the last seven days, Multichain has traded down 70.7% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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 (SOLVBTC) traded 3.9% lower against the dollar and now trades at $103,426.35 or 0.99632496 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.8% against the dollar and now trades at $102,949.03 or 0.99172687 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 Token Profile

Multichain’s genesis 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 presently 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Multichain using one of the aforementioned exchanges.

MULTI/USD price chart by TradingView