Multichain Hits Self Reported Market Capitalization of $619.30 Thousand (MULTI)

Multichain (MULTI) traded 7.3% lower against the dollar during the 1 day period ending at 9:00 AM ET on September 9th. In the last week, Multichain has traded 25.9% lower against the dollar. Multichain has a market capitalization of $619.30 thousand and $698.22 worth of Multichain was traded on exchanges in the last day. One Multichain token can currently be bought for about $0.0337 or 0.00000042 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • CateCoin (CATECOIN) traded 88.3% higher against the dollar and now trades at $0.0476 or 0.00000060 BTC.
  • SolvBTC (SOLVBTC) traded up 1.4% against the dollar and now trades at $79,480.50 or 0.99929046 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Multichain Profile

Multichain’s launch date was December 15th, 2021. Multichain’s total supply is 100,000,000 tokens and its circulating supply is 18,363,292 tokens. Multichain’s official message board is multichainorg.medium.com. The official website for Multichain is multichain.org. Multichain’s official Twitter account is @multichainorg and its Facebook page is accessible here.

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.”

Buying and Selling Multichain

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

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