Multichain Price Hits $0.20 on Top Exchanges (MULTI)

Multichain (MULTI) traded 15.9% higher against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on March 6th. One Multichain token can now be bought for approximately $0.20 or 0.00000225 BTC on popular cryptocurrency exchanges. Multichain has a market cap of $3.74 million and approximately $302,884.13 worth of Multichain was traded on exchanges in the last day. Over the last seven days, Multichain has traded 33.9% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded up 1.2% against the dollar and now trades at $0.84 or 0.00000925 BTC.
• 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded 0.4% higher against the dollar and now trades at $90,608.15 or 0.99858322 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% higher against the dollar and now trades at $90,078.99 or 0.99275138 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Multichain Token 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. Multichain’s official Twitter account is @multichainorg and its Facebook page is accessible here. Multichain’s official website is multichain.org.

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 possible to purchase alternative cryptocurrencies such as Multichain directly using U.S. dollars. Investors seeking to trade Multichain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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