#239 rank
Magic Internet Money

Magic Internet Money mim

Magic Internet Money Price in INR

₹81.435

0.21%

0.001 ETH

1.001 USD

0 BTC

Price Change

MIN

MAX

Magic Internet Money Price Statistics

Current Price

₹81.435

Market Volume

₹7,110,495,246.391

Fully Diluted MarketCap

₹55,751,908,076.524

Total Volume

1,504,536

Total Supply

683,005,583.296

Circulating Supply

87,109,269.307

Price Change 24h

₹0.17
0.209%

Market Cap Change 24h

₹-34,131,992.546
-0.478%

All Time Low

₹74.415
9.405%

Historical Data for Magic Internet Money

DateOpenHighLowCloseChange %
30 Nov 2022₹81.3₹81.43₹81.3₹81.430.165%
29 Nov 2022₹81.18₹81.52₹81.18₹81.520.413%
27 Nov 2022₹81.34₹81.35₹81.34₹81.350.017%
26 Nov 2022₹81.26₹81.26₹81.23₹81.23-0.029%
25 Nov 2022₹81.32₹81.32₹81.28₹81.28-0.047%
24 Nov 2022₹81.52₹81.52₹81.35₹81.35-0.199%
23 Nov 2022₹81.43₹81.43₹81.43₹81.430%
22 Nov 2022₹81.06₹81.06₹81.02₹81.02-0.046%
20 Nov 2022₹81.35₹81.35₹81.35₹81.350%
19 Nov 2022₹81.28₹81.28₹81.14₹81.14-0.168%

MIM Price Live Data

Magic Internet Money price today is INR 81.435 and the trading volume in 24 hour is INR 1,504,536. Price change in the MIM price in the last 24 hour is 0.17 . It has a circulating supply of 87,109,269.307 coins and a total supply of 683,005,583.296. Total market cap of the MIM is INR 7,110,495,246.391 which has the movement of -0.478 in the last 24 hours

What is Magic Internet Money (MIM)?

MIM is a USD pegged stablecoin created by Abracadabra.money, a lending/borrowing protocol. A stablecoin is a cryptocurrency whose value is pegged to another fiat currency like the US Dollar. Abracadabra uses interest-bearing tokens as collateral to create/mint MIM. MIM is in the top 10 stablecoins by Market Cap(as of March 2022

The Team Behind Magic Internet Money

Abracadabra is the Decentralized Application or Dapp behind MIM. It mainly consists of anonymous members, including Daniele Sesta, who is the founder of Popsicle Finance and Wonderland, Poolpi of Yearn Finance, Julien of Stake DAO, Sifu of Wonderland, 0xmelin, and Squirrel(Twitter name

Top Value Drivers For Magic Internet Money

The main reasons to invest in Magic Internet Money include: - Yield-bearing tokens like LP tokens(tokens one gets after providing liquidity on a Decentralized Exchange or DEX) can be used as collateral to create/mint MIM stablecoin. - Can do leveraged borrowing by borrowing against the borrowed stablecoin MIM, all in one transaction, thus reducing fees

FAQs

The current price of Magic Internet Money is INR 81.435.

Highest and lowest price of Magic Internet Money is INR 81.598 and INR 80.739 respectively.

The total supply of Magic Internet Money is 683,005,583.296 and circulating supply of Magic Internet Money is 87,109,269.307

The trading volume of Magic Internet Money is 1,504,536 in the last 24 hours.