Multichain Price Hits $0.54 (MULTI)

Multichain (MULTI) traded up 3.3% against the US dollar during the 24 hour period ending at 7:00 AM ET on June 14th. Multichain has a market cap of $9.95 million and approximately $234,134.40 worth of Multichain was traded on exchanges in the last 24 hours. In the last week, Multichain has traded up 4.9% against the US dollar. One Multichain token can now be bought for approximately $0.54 or 0.00000516 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in 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 down 2.2% 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.
• Central African Republic Meme (CAR) traded 7.9% lower against the dollar and now trades at $0.0369 or 0.00000035 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 up 0.2% against the dollar and now trades at $105,011.64 or 0.99956536 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.5% against the dollar and now trades at $104,844.03 or 0.99796992 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Multichain

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. The official website for Multichain is multichain.org. Multichain’s official Twitter account is @multichainorg and its Facebook page is accessible here. The official message board for Multichain 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.”

Buying and Selling Multichain

It is usually not 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Multichain using one of the aforementioned exchanges.

MULTI/USD price chart by TradingView