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Multichain priceMULTI
Multichain price calculator
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About Multichain (MULTI)
What is Multichain (MULTI)?
According to their official documentation, Multichain is an infrastructure developed for arbitrary cross-chain interactions. The platform claims to be the ultimate router for web3 and offers solutions that enable nearly all blockchains to interconnect, including EVM chains like Avalanche, Layer 2 chains tied to Ethereum such as Polygon, and Parachains networks like Moonbeam on Polkadot.
Who are the Founders of Multichain?
Zhaojun is one of the co-founders and serves as the CEO of Multichain, an infrastructure designed for arbitrary cross-chain interactions.
What makes Multichain Unique?
Multichain has developed a solution to the problem of a single point of failure when transacting cross-chain. The solution involves using Threshold Signature Schemes (TSS) and splitting the security key. Multichain's Secure Multi-Party Computation (SMPC) network implements TSS Distributed Key Generation, an algorithm custom written and optimized by the engineers at Multichain. Each node in this unique selection is independent and produces part of the private key responsible for confirming transactions. By digitally signing transactions, the SMPC network can manage asset accounts and smart contracts across multiple blockchains. Multichain's unique feature, VeMulti, is the governing system for multiDAO, which rewards stakers of MULTI with veMULTI NFTs and grants them voting rights.
How is the Multichain Network Secured?
The PoS consensus mechanism secures the Ethereum blockchain on which MULTI, an ERC-20 token, is issued. Validators participate in consensus and validate transactions by staking 32 ETH.
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How to buy Multichain(MULTI)
Create Your Free Bitget Account
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Buy Multichain (MULTI)
Trade MULTI perpetual futures
After having successfully signed up on Bitget and purchased USDT or MULTI tokens, you can start trading derivatives, including MULTI futures and margin trading to increase your income.
The current price of MULTI is $0.1426, with a 24h price change of +10.92%. Traders can profit by either going long or short onMULTI futures.
Join MULTI copy trading by following elite traders.
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Multichain Social Data
In the last 24 hours, the social media sentiment score for Multichain was 3, and the social media sentiment towards Multichain price trend was Bullish. The overall Multichain social media score was 0, which ranks 671 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 Multichain being mentioned with a frequency ratio of 0%, ranking 1037 among all cryptocurrencies.
In the last 24 hours, there were a total of 59 unique users discussing Multichain, with a total of Multichain mentions of 2. However, compared to the previous 24-hour period, the number of unique users decrease by 11%, and the total number of mentions has decrease by 0%.
On Twitter, there were a total of 1 tweets mentioning Multichain in the last 24 hours. Among them, 0% are bullish on Multichain, 0% are bearish on Multichain, and 100% are neutral on Multichain.
On Reddit, there were 0 posts mentioning Multichain in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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