Multichain (MULTI) Price Up 3.7% This Week

Multichain (MULTI) traded 0.5% lower against the US dollar during the 24 hour period ending at 9:00 AM ET on September 17th. Multichain has a market capitalization of $536.06 thousand and approximately $1.01 thousand worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can now be bought for approximately $0.0292 or 0.00000038 BTC on popular cryptocurrency exchanges. In the last week, Multichain has traded 3.7% higher against the US dollar.

Here’s how related 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 down 2.2% 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 1.2% higher 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.
• CateCoin (CATECOIN) traded 2.6% lower against the dollar and now trades at $0.0692 or 0.00000090 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.3% higher against the dollar and now trades at $76,692.80 or 0.99952014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Multichain Profile

Multichain launched 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 Twitter account is @multichainorg and its Facebook page is accessible here. Multichain’s official message board is multichainorg.medium.com. Multichain’s official website 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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