Multichain (MULTI) Trading Down 23.9% Over Last 7 Days

Multichain (MULTI) traded 4.2% lower against the US dollar during the 24 hour period ending at 17:00 PM Eastern on October 16th. Multichain has a market cap of $2.44 million and approximately $64,230.59 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can currently be bought for $0.13 or 0.00000196 BTC on cryptocurrency exchanges. Over the last week, Multichain has traded down 23.9% against the US 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 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 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 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.
• MVP Coin (MVP) traded up 8.1% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 1.7% higher against the dollar and now trades at $169.69 or 0.00251047 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 Twitter account is @multichainorg and its Facebook page is accessible here. The official message board for Multichain is multichainorg.medium.com. The official website for Multichain is multichain.org.

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.”

Multichain Token Trading

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

MULTI/USD price chart by TradingView