Multichain (MULTI) Price Hits $0.42 on Exchanges

Multichain (MULTI) traded down 13.6% against the US dollar during the one day period ending at 7:00 AM Eastern on February 18th. Over the last week, Multichain has traded down 67.1% against the US dollar. Multichain has a market capitalization of $7.63 million and $566,868.55 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can now be bought for about $0.42 or 0.00000433 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $95,555.10 or 0.99704836 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% lower against the dollar and now trades at $95,027.71 or 0.99154541 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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 message board is multichainorg.medium.com. 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 presently possible to buy alternative cryptocurrencies such as Multichain directly using US dollars. Investors seeking to acquire Multichain should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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