| General information | |
|---|---|
| Global rank: | 1614 |
| Name: |
Mint Marble |
| Symbol: | MIM |
| Current coin price (HKD): | 0.207 $ |
| Last hour: | arrow_upward26.46 % |
| Last 24 hours: | arrow_upward134.51 % |
| Last 7 days: | -18.39 %trending_down |
| Capitalisation (HKD): | 7 007 061.41 $ |
| Volume 24h (HKD): | 23 399.25 $ |
| Available supply: | 33 800 000.00 MIM |
| Total coin supply: | -1 MIM |
| Start date: | 2021-06-02 |
Mint Marble/Hong Kong Dollar (MIM/HKD) price chart
Mint Marble/Hong Kong Dollar (MIM/HKD) capitalisation and volume charts
Magic Internet Money (MIM) is a stablecoin soft-pegged to the US dollar, minted by the Abracadabra.money protocol. It is backed by interest-bearing tokens and designed to remain close to the value of 1 USD.
Magic Internet Money was founded by Daniele Sestagalli and launched in 2021. It operates on Ethereum and other adjacent blockchains.
MIM is used as a stablecoin and can be borrowed against various forms of collateral on the Abracadabra.money platform. It facilitates fast and secure cross-chain transfers through the innovative Beaming feature, powered by the LayerZero Omnichain Fungible Token (OFT) standard. MIM's value is maintained through arbitrage, allowing users to buy or sell MIM to keep its price close to 1 USD.