Multichain Price Tops $0.0847 on Major Exchanges (MULTI)

Multichain (MULTI) traded 18.9% lower against the U.S. dollar during the 24 hour period ending at 8:00 AM Eastern on April 7th. Multichain has a total market capitalization of $1.56 million and $135,477.64 worth of Multichain was traded on exchanges in the last day. One Multichain token can currently be purchased for approximately $0.0847 or 0.00000110 BTC on major exchanges. Over the last week, Multichain has traded 40.1% lower against the U.S. dollar.

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

  • 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.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded 7.2% lower against the dollar and now trades at $76,806.68 or 0.99308795 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 7.5% against the dollar and now trades at $76,202.86 or 0.98528072 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Multichain Token Profile

Multichain’s genesis 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 website 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.”

Multichain Token Trading

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

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