Multichain (MULTI) Price Tops $0.16 on Exchanges

Multichain (MULTI) traded down 59.4% against the dollar during the twenty-four hour period ending at 7:00 AM ET on February 6th. During the last seven days, Multichain has traded down 85.1% against the dollar. One Multichain token can currently be purchased for approximately $0.16 or 0.00000160 BTC on popular exchanges. Multichain has a market capitalization of $2.90 million and $262,269.77 worth of Multichain was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• GMX (GMX) traded up 0.8% against the dollar and now trades at $17.24 or 0.00017471 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded up 0.7% against the dollar and now trades at $98,722.80 or 1.00061286 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% higher against the dollar and now trades at $98,425.93 or 0.99760389 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Multichain

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 message board for Multichain 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 buy alternative cryptocurrencies such as Multichain directly using U.S. dollars. Investors seeking to trade Multichain should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Multichain using one of the aforementioned exchanges.

MULTI/USD price chart by TradingView