mim

Magic Internet Money (Blast) Price(MIM)

Details
LBank does not support trading or services for this token.
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1d
USD
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Last updated on: 2026-04-26 14:13:01
MIM price insightsWhat is MIM?AI analysis reportMIM Price PredictionHow to buy MIMHot EventsFAQ

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

24HLower Price
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24HUpper Price
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All-Time High
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Lower Price
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Change(1H)
0.00%
Change(24H)
0.00%
Change(7D)
0.00%

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

From a short-term perspective, the price change of MIM over the past 1 hour is 0.00%, over the past 24 hours is 0.00%, and over the past 7 days is 0.00%. These figures provide a quick overview of the latest price trends and market dynamics of MIM on LBank.

Magic Internet Money (Blast) (MIM) Market Information

Popularity
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MC
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Trading Volume(24H)
0
Fully Diluted Market Cap
0
Circulating Supply
0
Total Supply
9.971M
Launch Date
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Underlying Blockchain
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The current market cap of MIM is --, with a 24h trading volume of 0, a circulating supply of 0, a total supply of 9.971M, and a fully diluted valuation (FDV) of 0.

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

The live price of MIM today is --, with a current market cap of --. The 24-hour trading volume is 0. The price of MIM to USD is updated in real time. MIM's 24-hour price change is 0.00%. Circulating supply: 0.

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

Date Comparison
Value Change
Change (%)
No data
Want to unlock the full price history and price trends of MIM? View now MIM Price history page

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

Magic Internet Money (Blast), identified by the token MIM, is a crypto/Web3 project that is listed on several cryptocurrency exchange platforms, including LBank, CoinGecko, Coinbase, and Bybit. Information regarding Magic Internet Money (Blast) suggests it may be an upcoming cryptocurrency, with some platforms indicating its price and market data are currently unavailable or show a circulating supply of zero. Potential use cases mentioned for MIM tokens include engaging in arbitrage trading, earning yield through lending or other investment products, and using it for sending or making payments. One source mentions a total supply of 9 million tokens for MIM. 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

How to buy MAGIC INTERNET MONEY (BLAST) (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.

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MIM Resources

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MAGIC INTERNET MONEY (BLAST) (MIM) FAQ

MIM is a decentralized, collateral-backed stablecoin designed to maintain a stable value pegged to $1 USD. It operates by allowing users to deposit interest-bearing tokens as collateral into specific smart contracts, known as "cauldrons," on the Abracadabra.money platform. In return, users can borrow MIM against their deposited collateral, leveraging their assets while retaining exposure to their underlying holdings.
MIM serves multiple key use cases. It functions as a stable store of value, allowing users to park funds without volatility. It facilitates capital efficiency by enabling borrowing against interest-bearing assets. MIM also supports cross-chain transactions, enhancing interoperability across various blockchain networks. Furthermore, it integrates seamlessly with diverse decentralized finance applications and can be utilized in various yield generation strategies.
The "Blast" in "Magic Internet Money (Blast)" signifies MIM's presence and interaction within the Blast Layer 2 network. This integration is crucial for MIM, as it leverages Blast's environment, which is known for its "native yield" approach. While the specific mechanics for MIM on Blast would involve utilizing this infrastructure, it generally aims to enhance scalability, reduce transaction costs, and potentially offer new yield opportunities for users engaging with MIM on this particular network.
MIM's peg to the USD is primarily maintained through its collateral-backed mechanism. Users deposit interest-bearing assets as collateral to mint MIM, and the protocol manages the supply and redemption to keep its value close to $1. If MIM depegs, as it has in the past due to incidents like a rounding exploit or broader market conditions, it signals a significant concern about the stability mechanisms and the protocol's treasury management, potentially leading to instability and reduced trust.
Users of MIM face several significant risks. Security exploits are a major concern, as demonstrated by past incidents like a rounding exploit that led to a depeg. Such vulnerabilities can directly impact the stablecoin's integrity and user funds. Additionally, users borrowing MIM against collateral face liquidation risk. If the value of their deposited collateral assets drops below a predetermined threshold, their collateral may be automatically sold to cover the borrowed MIM, resulting in a loss of assets.
Magic Internet Money and the Abracadabra.money platform have been notably associated with figures like Daniele Sestagalli. The expertise and reputation of the core team are critical for project trust and execution. However, this association has also been a point of inquiry and concern within the community due to past controversies. Investors and users often investigate the background and previous involvements of key team members to assess the project's reliability and long-term viability.

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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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