Multichain Price Hits $0.31 (MULTI)

Multichain (MULTI) traded up 3.2% against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on February 26th. One Multichain token can now be bought for $0.31 or 0.00000352 BTC on major exchanges. Multichain has a market capitalization of $5.73 million and $497,655.37 worth of Multichain was traded on exchanges in the last 24 hours. In the last week, Multichain has traded up 120.6% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded 0.8% higher against the dollar and now trades at $0.91 or 0.00001022 BTC.
• 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 2.2% lower 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 up 1.2% 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 0.6% higher against the dollar and now trades at $88,550.73 or 0.99884943 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $88,151.26 or 0.99434338 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 website for Multichain is multichain.org. Multichain’s official Twitter account is @multichainorg and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as Multichain directly using US dollars. Investors seeking to acquire Multichain should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX 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