Multichain Trading Up 182.9% Over Last 7 Days (MULTI)
by Michael Walen · The Markets DailyMultichain (MULTI) traded up 17.1% against the dollar during the 24-hour period ending at 12:00 PM ET on November 22nd. During the last seven days, Multichain has traded 182.9% higher against the dollar. Multichain has a market cap of $5.97 million and $466,907.03 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can currently be purchased for approximately $0.33 or 0.00000328 BTC on popular cryptocurrency exchanges.
Here’s how related cryptocurrencies have performed during 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
- SolvBTC (SOLVBTC) traded 1.4% higher against the dollar and now trades at $98,369.08 or 0.99294846 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded up 0.7% against the dollar and now trades at $97,801.18 or 0.98721600 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 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. Multichain’s official website is multichain.org. Multichain’s official message board 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 currently possible to purchase alternative cryptocurrencies such as Multichain directly using US dollars. Investors seeking to trade Multichain should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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