Multichain Hits Self Reported Market Capitalization of $6.51 Million (MULTI)

Multichain (MULTI) traded up 2.5% against the dollar during the 24 hour period ending at 7:00 AM ET on January 13th. Multichain has a total market capitalization of $6.51 million and $39,218.68 worth of Multichain was traded on exchanges in the last 24 hours. One Multichain token can currently be purchased for approximately $0.35 or 0.00000390 BTC on popular exchanges. Over the last week, Multichain has traded 240.1% higher against the dollar.

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 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 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 3.6% lower against the dollar and now trades at $90,698.06 or 0.99770428 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% lower against the dollar and now trades at $89,969.33 or 0.98968804 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 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. 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 is a Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions.Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other. Each blockchain has its own unique services that it provides, its own community and its own development ecosystem.The solutions developed by Multichain allow almost all blockchains to inter-operate. There is no restriction to Ethereum like chains (e.g. Binance Smart Chain), or different Layer 2 chains requiring finality to Ethereum (e.g. Polygon), or a network of Parachains (e.g. Moonbeam in the PolkaDot system), or Bitcoin types of chain (e.g. Litecoin), or COSMOS chains (e.g. Terra). These are either now all integrated, or on course for integration. With support for all ECDSA and EdDSA encrypted chains, Multichain is almost universally applicable as an interoperable layer.”

Buying and Selling Multichain

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

MULTI/USD price chart by TradingView