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Magic Internet Money priceMIM
Magic Internet Money price calculator
More cryptocurrencies calculator >Magic Internet Money price live data summary
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About Magic Internet Money (MIM)
Cryptocurrency Magic Internet Money, also known as MIM, is a decentralized digital currency that operates on the Ethereum blockchain. It was created in 2020 as a community-driven project with the aim of providing a stable alternative to other cryptocurrencies, which can be volatile in price. The project was launched with no pre-mining or pre-sale, making it fair and accessible to all users. One of the key features of MIM is its use of a unique algorithmic stabilization mechanism. This means that the price of MIM is designed to remain stable at a target value, currently set at 1 US dollar. This is achieved through a combination of automated market-making and other supply and demand balancing mechanisms, which adjust the supply of MIM in response to fluctuations in demand. This helps to ensure that the value of MIM remains stable, making it an attractive option for those looking for a more predictable digital currency. Another advantage of MIM is its low transaction fees compared to other cryptocurrencies. Transactions on the Ethereum network can be costly, especially during times of high network congestion. However, MIM uses a unique gas token system that allows users to pay low fees for transactions. Additionally, MIM transactions are fast and efficient, with most transactions being confirmed within seconds. MIM is also fully decentralized, meaning that it is not controlled by any single entity or institution. This ensures that users have full control over their funds and that there is no risk of centralization-related issues such as censorship or corruption. In conclusion, MIM is a unique and innovative cryptocurrency that provides numerous benefits to its users. Its stable price, low transaction fees, and decentralization make it an attractive option for those looking for a reliable digital currency. While it is relatively new, it has already gained popularity among those in the cryptocurrency community and is worth considering for anyone looking to invest in the space.
Magic Internet Money price performance in USD
Magic Internet Money price history in USD
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How to buy Magic Internet Money(MIM)
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Magic Internet Money Social Data
In the last 24 hours, the social media sentiment score for Magic Internet Money was 3, and the social media sentiment towards Magic Internet Money price trend was Bullish. The overall Magic Internet Money social media score was 0, which ranks 152 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Magic Internet Money being mentioned with a frequency ratio of 0%, ranking 650 among all cryptocurrencies.
In the last 24 hours, there were a total of 69 unique users discussing Magic Internet Money, with a total of Magic Internet Money mentions of 43. However, compared to the previous 24-hour period, the number of unique users decrease by 4%, and the total number of mentions has decrease by 17%.
On Twitter, there were a total of 1 tweets mentioning Magic Internet Money in the last 24 hours. Among them, 100% are bullish on Magic Internet Money, 0% are bearish on Magic Internet Money, and 0% are neutral on Magic Internet Money.
On Reddit, there were 1 posts mentioning Magic Internet Money in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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