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Magic Internet Money (Arbitrum)
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Magic Internet Money (Arbitrum) Price(MIM)

Details
ⓘ LBank does not support trading or services for this token.
$0.9977
-0.02%
1d
USD
Last updated on: 2026-04-26 11:57:36
MIM price insightsWhat is MIM?AI analysis reportMIM Price PredictionHow to buy MIMHot EventsFAQ

Magic Internet Money (Arbitrum) (MIM) Price information (USD)

24HLower Price
$0.9970
24HUpper Price
$0.9985
All-Time High
$1.13
Lower Price
$0.9248
Change(1H)
-0.07%
Change(24H)
-0.03%
Change(7D)
-0.03%

The current real-time price of MIM is $0.9977. In the past 24 hours, MIM has traded between $0.9970 and $0.9985, showing strong market activity. The all-time high of MIM is $1.13, and the all-time low is $0.9248.

From a short-term perspective, the price change of MIM over the past 1 hour is -0.07%, over the past 24 hours is -0.03%, and over the past 7 days is -0.03%. These figures provide a quick overview of the latest price trends and market dynamics of MIM on LBank.

Magic Internet Money (Arbitrum) (MIM) Market Information

Popularity
#373
MC
$63.683M
Trading Volume(24H)
16.258K
Fully Diluted Market Cap
63.684M
Circulating Supply
63.83M
Total Supply
63.83M
Launch Date
--
Underlying Blockchain
--
The current market cap of MIM is $63.683M, with a 24h trading volume of 16.258K, a circulating supply of 63.83M, a total supply of 63.83M, and a fully diluted valuation (FDV) of 63.684M.

Magic Internet Money (Arbitrum) (MIM) Today's Price

The live price of MIM today is $0.997713, with a current market cap of $63.683M. The 24-hour trading volume is 16.258K. The price of MIM to USD is updated in real time. MIM's 24-hour price change is -3.69%. Circulating supply: 63.83M.

Magic Internet Money (Arbitrum) (MIM) Price History (USD)

Date Comparison
Value Change
Change (%)
Today
-$0.000369
-3.69%
30 days
$0.002032
+20.00%
60 days
$0.011298
+115.00%
90 days
-$0.000208
-2.00%
Want to unlock the full price history and price trends of MIM? View now MIM Price history page

What is MAGIC INTERNET MONEY (ARBITRUM) (MIM)?

Magic Internet Money (MIM) is a decentralized stablecoin that is designed to maintain a stable value, typically pegged to the US Dollar. It is minted through the Abracadabra.money lending platform. Users can deposit interest-bearing assets as collateral on Abracadabra.money to borrow MIM. This process allows individuals to unlock liquidity from their holdings without selling the underlying assets. Abracadabra.money utilizes Kashi Lending Technology, which offers isolated lending markets, enabling users to adjust their risk based on their chosen collateral. The platform aims to allow users to leverage their yield-bearing tokens. MIM is a crypto-collateralized stablecoin, and its value is maintained through a system of aligned financial incentives. It is minted when users borrow against locked collateral and burned when the debt is repaid. MIM is a multi-chain token and can be transferred across various blockchain networks, including Arbitrum, Ethereum, BSC, Fantom, and Avalanche. It can be used for various activities within the decentralized finance ecosystem, such as hedging against market volatility and facilitating market making. Learn more

When is the right time to buy MIM? Should I buy or sell MIM now?

Before deciding whether to buy or sell MIM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MIM technical analysis can provide you with trading references.

Based on MIM 4-hour technical analysis, the trading signal is --.

Based on MIM 1-day technical analysis, the trading signal is --.

Based on MIM 1-week technical analysis, the trading signal is --.

Future price trend of MIM

What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MIM.

How much will MIM be worth tomorrow, next week, or next month in ? What about your MIM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now!MIM Price Prediction

Buy MIMMIM Technical AnalysisMIM Price Prediction

How to buy MAGIC INTERNET MONEY (ARBITRUM) (MIM)

Looking to buy How to buy MIM? The process is simple and hassle-free! You can easily purchase MIM on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

Convert MIM to local currency

1MIM to CNY conversion0.145651 CNY1MIM to USD conversion0.997713 USD1MIM to EUR conversion1.168282 EUR1MIM to PHP conversion0.016442 PHP1MIM to AUD conversion0.717779 AUD1MIM to JPY conversion0.006256 JPY1MIM to GBP conversion1.348260 GBP1MIM to INR conversion0.010584 INR1MIM to CAD conversion0.733612 CAD1MIM to RUB conversion0.013235 RUB1MIM to BRL conversion0.199144 BRL1MIM to PLN conversion0.275611 PLN1MIM to IDR conversion0.000058 IDR1MIM to ZAR conversion0.060284 ZAR1MIM to THB conversion0.030831 THB1MIM to CHF conversion1.279119 CHF1MIM to MYR conversion0.251947 MYR1MIM to MXN conversion0.057372 MXN1MIM to HRK conversion0.155165 HRK1MIM to ARS conversion0.000714 ARS1MIM to KZT conversion0.002149 KZT1MIM to VND conversion0.000037 VND1MIM to ILS conversion0.334803 ILS1MIM to BDT conversion0.008122 BDT1MIM to HKD conversion0.127421 HKD1MIM to TWD conversion0.031673 TWD1MIM to COP conversion0.000278 COP1MIM to DKK conversion0.156626 DKK1MIM to BGN conversion0.597432 BGN1MIM to NOK conversion0.107050 NOK1MIM to DZD conversion0.007519 DZD1MIM to RON conversion0.229887 RON
1MIM to SGD conversion0.785600 SGD1MIM to NGN conversion0.000736 NGN1MIM to CZK conversion0.047943 CZK1MIM to PKR conversion0.003567 PKR1MIM to SEK conversion0.108094 SEK1MIM to NZD conversion0.58689 NZD1MIM to UAH conversion0.022664 UAH1MIM to AED conversion0.271856 AED1MIM to SAR conversion0.266056 SAR1MIM to KWD conversion3.32571 KWD1MIM to MAD conversion0.107860 MAD1MIM to KES conversion0.007719 KES1MIM to TRY conversion0.022161 TRY1MIM to GHS conversion0.089400 GHS1MIM to TZS conversion0.000382 TZS1MIM to UGX conversion0.000269 UGX1MIM to ISK conversion0.008114 ISK1MIM to AZN conversion0.58689 AZN1MIM to CLP conversion0.001113 CLP1MIM to CRC conversion0.002185 CRC1MIM to DOP conversion0.016548 DOP1MIM to GEL conversion0.370897 GEL1MIM to HUF conversion0.003194 HUF1MIM to MDL conversion0.057637 MDL1MIM to NAD conversion0.060284 NAD1MIM to PEN conversion0.289192 PEN1MIM to UYU conversion0.025042 UYU1MIM to UZS conversion0.000082 UZS1MIM to LKR conversion0.003142 LKR1MIM to XOF conversion0.001780 XOF1MIM to XAF conversion0.001780 XAF

MIM Resources

To learn more about MIM, consider exploring other resources such as the whitepaper, official website, and other published information:

Position distribution

View Magic Internet Money (Arbitrum)(MIM) data
Top 5 addresses
Holding amount
Holding ratio
arbitrum-one
0xf46b...ac5aea
35.173M
55.11%
arbitrum-one
0x2780...b9de50
20.005M
31.34%
arbitrum-one
0x8279...3374c0
3.317M
5.20%
arbitrum-one
0x7c8f...431d38
2.633M
4.12%
arbitrum-one
0x236b...88c1ab
1.974M
3.08%
Other
725.659K
1.13%

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MAGIC INTERNET MONEY (ARBITRUM) (MIM) FAQ

MIM is a decentralized, collateral-backed stablecoin designed to maintain a consistent value pegged to the US dollar. Its primary goal is to offer users a stable digital asset within the volatile cryptocurrency market. MIM operates across multiple blockchain networks, including Arbitrum, enabling broad accessibility and utility in various decentralized finance (DeFi) applications. It serves as a reliable medium for transactions and a stable store of value.
MIM is created when users deposit and lock interest-bearing collateral assets on the associated lending platform. These users can then borrow MIM against their collateral. Conversely, MIM tokens are removed from circulation when users repay their outstanding debt. Its stability is maintained through a carefully designed economic system that includes financial incentives for users, requirements for overcollateralization, and liquidation protocols that activate if collateral values drop too significantly, ensuring the peg.
MIM serves several key functions in DeFi. It acts as a stable hedge against market volatility, allowing users to preserve value during turbulent periods. It's also utilized as a stable store of value, similar to traditional fiat. Furthermore, MIM is extensively used for leveraging yield-bearing assets, enabling users to optimize returns. Its stable nature makes it ideal for various DeFi activities, including lending, borrowing, providing liquidity, and facilitating seamless trading on numerous platforms.
Users engaging with MIM face several risks. A primary concern is smart contract vulnerabilities, as any flaw in the underlying code could be exploited. Liquidation risks are also present; if the value of a user's collateral drops significantly during market volatility, their position may be liquidated. Additionally, there's the risk of de-pegging, where MIM could deviate from its intended $1 value, although mechanisms are in place to mitigate this. Due diligence is always recommended.
Yes, MIM is a prominent multi-chain token, meaning it operates and is accessible across numerous blockchain networks. It is available on various popular chains such as Ethereum, Arbitrum, Avalanche, Fantom, and Binance Smart Chain, among others. This multi-chain presence significantly enhances MIM's utility and reach, allowing users to conduct transactions and utilize the stablecoin seamlessly across different blockchain ecosystems, fostering greater interoperability within Web3.
Abracadabra.money is the central decentralized finance (DeFi) lending platform that underpins the Magic Internet Money (MIM) ecosystem. Its core function is to enable users to mint or generate MIM tokens. Users achieve this by depositing various interest-bearing crypto assets as collateral on the Abracadabra.money platform. In return, they can borrow MIM, effectively leveraging their existing digital assets without selling them. This platform is crucial for MIM's issuance and its overall function as a collateral-backed stablecoin.

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Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.

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Magic Internet Money (Arbitrum) Technical Analysis