Multichain Trading Down 14.5% This Week (MULTI)

Multichain (MULTI) traded down 23.9% against the dollar during the twenty-four hour period ending at 23:00 PM E.T. on July 5th. Multichain has a market capitalization of $2.09 million and $43,693.29 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can now be bought for about $0.11 or 0.00000202 BTC on major cryptocurrency exchanges. Over the last seven days, Multichain has traded down 14.5% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 3% lower against the dollar and now trades at $0.18 or 0.00000319 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.6% higher against the dollar and now trades at $0.0118 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% 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. The official message board for Multichain is multichainorg.medium.com. Multichain’s official website is multichain.org. Multichain’s official Twitter account is @multichainorg and its Facebook page is accessible here.

According to CryptoCompare, “Multichain (MULTI) is an open-source protocol, initially launched as Anyswap on July 20, 2020, designed to facilitate interoperability among diverse blockchains. It allows almost all blockchains to inter-operate, supporting Ethereum-like chains, Bitcoin types, COSMOS chains, and more. It’s a leading cross-chain solution with a total value locked (TVL) of over $5 billion. The protocol offers multiple services, including a Bridge, a Router, anyCall Crosschain Contract Calls, and a Crosschain NFT Bridge and Router, providing secure and cost-effective cross-chain transfers of assets. The governance of the community and ecosystem is managed through the $MULTI token. Its aim is to be the ultimate router for Web 3, fostering the development of the decentralized web.”

Buying and Selling Multichain

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase 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