HomeBrowse Crypto Prices
Magic Internet Money (Moonriver)
mim

Magic Internet Money (Moonriver) Price(MIM)

Details
ⓘ LBank does not support trading or services for this token.
$0.9697
+14.36%
1d
USD
Last updated on: 2026-04-26 11:13:44
MIM price insightsWhat is MIM?AI analysis reportMIM Price PredictionHow to buy MIMHot EventsFAQ

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

24HLower Price
$0.9300
24HUpper Price
$1.13
All-Time High
$40.1
Lower Price
$0.6624
Change(1H)
+17.85%
Change(24H)
-2.25%
Change(7D)
+16.62%

The current real-time price of MIM is $0.9697. In the past 24 hours, MIM has traded between $0.9300 and $1.13, showing strong market activity. The all-time high of MIM is $40.1, and the all-time low is $0.6624.

From a short-term perspective, the price change of MIM over the past 1 hour is +17.85%, over the past 24 hours is -2.25%, and over the past 7 days is +16.62%. These figures provide a quick overview of the latest price trends and market dynamics of MIM on LBank.

Magic Internet Money (Moonriver) (MIM) Market Information

Popularity
#3789
MC
$447.988K
Trading Volume(24H)
438.83
Fully Diluted Market Cap
447.988K
Circulating Supply
461.976K
Total Supply
461.976K
Launch Date
--
Underlying Blockchain
--
The current market cap of MIM is $447.988K, with a 24h trading volume of 438.83, a circulating supply of 461.976K, a total supply of 461.976K, and a fully diluted valuation (FDV) of 447.988K.

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

The live price of MIM today is $0.969721, with a current market cap of $447.988K. The 24-hour trading volume is 438.83. The price of MIM to USD is updated in real time. MIM's 24-hour price change is -225.09%. Circulating supply: 461.976K.

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

Date Comparison
Value Change
Change (%)
Today
-$0.022330
-225.09%
30 days
$0.208822
+2,205%
60 days
$0.195484
+2,035%
90 days
$0.219615
+2,345%
Want to unlock the full price history and price trends of MIM? View now MIM Price history page

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

Magic Internet Money (MIM) is a stablecoin that is pegged to the US dollar. It operates within the decentralized finance (DeFi) ecosystem, primarily through the Abracadabra.money lending platform. The main purpose of MIM is to allow users to generate liquidity from their interest-bearing crypto assets without needing to sell them. Users deposit these interest-bearing assets as collateral into "Cauldrons" on the Abracadabra.money platform. In return, they can borrow or "mint" MIM tokens. This mechanism also facilitates leveraged yield farming. Abracadabra.money is a multi-chain protocol that utilizes Kashi Lending Technology. This technology enables the creation of isolated lending markets, which helps to contain risk by ensuring that the volatility or compromise of one collateral asset does not impact the entire protocol. MIM is designed for cross-chain compatibility, meaning it can be used across various blockchain networks. These include Ethereum, BNB Smart Chain, Fantom, and Avalanche, among others. The token specified as 'Magic Internet Money (Moonriver)(mim)' indicates its presence and utility on the Moonriver network. The Abracadabra.money protocol generates revenue through various fees, including interest on borrowed MIM, a borrowing fee (for example, 0.5% when minting MIM), and liquidation fees. Daniele Sestagalli is recognized as one of the founders of Magic Internet Money. 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 (MOONRIVER) (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 conversion0.141565 CNY1MIM to USD conversion0.969721 USD1MIM to EUR conversion1.135504 EUR1MIM to PHP conversion0.015980 PHP1MIM to AUD conversion0.697641 AUD1MIM to JPY conversion0.006081 JPY1MIM to GBP conversion1.310433 GBP1MIM to INR conversion0.010287 INR1MIM to CAD conversion0.713030 CAD1MIM to RUB conversion0.012864 RUB1MIM to BRL conversion0.193557 BRL1MIM to PLN conversion0.267878 PLN1MIM to IDR conversion0.000056 IDR1MIM to ZAR conversion0.058593 ZAR1MIM to THB conversion0.029966 THB1MIM to CHF conversion1.243232 CHF1MIM to MYR conversion0.244879 MYR1MIM to MXN conversion0.055763 MXN1MIM to HRK conversion0.150811 HRK1MIM to ARS conversion0.000694 ARS1MIM to KZT conversion0.002088 KZT1MIM to VND conversion0.000036 VND1MIM to ILS conversion0.325409 ILS1MIM to BDT conversion0.007894 BDT1MIM to HKD conversion0.123846 HKD1MIM to TWD conversion0.030784 TWD1MIM to COP conversion0.000270 COP1MIM to DKK conversion0.152232 DKK1MIM to BGN conversion0.580671 BGN1MIM to NOK conversion0.104047 NOK1MIM to DZD conversion0.007308 DZD1MIM to RON conversion0.223438 RON
1MIM to SGD conversion0.763559 SGD1MIM to NGN conversion0.000715 NGN1MIM to CZK conversion0.046598 CZK1MIM to PKR conversion0.003467 PKR1MIM to SEK conversion0.105061 SEK1MIM to NZD conversion0.570424 NZD1MIM to UAH conversion0.022029 UAH1MIM to AED conversion0.264229 AED1MIM to SAR conversion0.258592 SAR1MIM to KWD conversion3.232403 KWD1MIM to MAD conversion0.104834 MAD1MIM to KES conversion0.007503 KES1MIM to TRY conversion0.021539 TRY1MIM to GHS conversion0.086892 GHS1MIM to TZS conversion0.000371 TZS1MIM to UGX conversion0.000262 UGX1MIM to ISK conversion0.007887 ISK1MIM to AZN conversion0.570424 AZN1MIM to CLP conversion0.001082 CLP1MIM to CRC conversion0.002124 CRC1MIM to DOP conversion0.016084 DOP1MIM to GEL conversion0.360491 GEL1MIM to HUF conversion0.003104 HUF1MIM to MDL conversion0.056020 MDL1MIM to NAD conversion0.058593 NAD1MIM to PEN conversion0.281078 PEN1MIM to UYU conversion0.024340 UYU1MIM to UZS conversion0.000080 UZS1MIM to LKR conversion0.003054 LKR1MIM to XOF conversion0.001730 XOF1MIM to XAF conversion0.001730 XAF

MIM Resources

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

Hot Events

Mainstream Crypto Carnival
Mainstream Crypto Carnival
Deposit & trade selected major coins to share 300,000 USDT prize pool.
Join Now
CHIP Trading Competition
CHIP Trading Competition
Deposit & Trade CHIP to Share a 100,000 USDT Prize Pool
Join Now
Score Rush Fiesta
Score Rush Fiesta
$300,000 Prize Pool – Transfer & Earn Boosted Rewards
Join Now
LBank Earn Boost Session
LBank Earn Boost Session
Spot Earn Newbies 100% APR & VIP Exclusive High-Yield Locked Products
Join Now

MAGIC INTERNET MONEY (MOONRIVER) (MIM) FAQ

MIM is a decentralized stablecoin designed to maintain a soft peg to the US dollar. Its primary purpose is to offer users a stable asset in the volatile cryptocurrency market. MIM allows individuals to leverage their existing crypto assets by using them as collateral to mint MIM, thereby increasing their capital efficiency without necessarily selling their underlying holdings. It provides a means for capital deployment, trading, and earning yield across various decentralized finance (DeFi) platforms.
MIM is minted through the Abracadabra.money platform. Users can deposit a variety of interest-bearing crypto assets as collateral to borrow and mint MIM. These collateral assets often include various forms of liquid staking tokens or other yield-generating tokens. The process typically involves over-collateralization, meaning the value of the deposited collateral must exceed the amount of MIM borrowed, providing a buffer against price fluctuations of the collateral assets.
MIM maintains its soft peg to the US dollar through a unique algorithmic stabilization mechanism. This system dynamically adjusts the supply and demand of MIM to keep its value close to $1. It leverages market incentives for arbitrageurs who profit from slight deviations from the peg. If MIM trades below $1, incentives encourage buying MIM to restore the peg. If it trades above $1, incentives promote minting MIM or selling it, bringing the price back down.
Engaging with MIM, especially through staking or borrowing, carries inherent risks. A significant risk is smart contract vulnerability; despite audits, bugs or exploits could lead to loss of funds. For borrowing, there's liquidation risk: if the value of your deposited collateral drops significantly and falls below the required threshold, your collateral can be automatically sold to cover your debt. Users should only allocate funds they are prepared to lose.
When using MIM, particularly for borrowing or minting, users may incur several types of fees. These can include interest rates on the borrowed MIM, which accrue over time. There are also borrow fees for the initial act of minting MIM. Additionally, if the collateral's value drops significantly, leading to a liquidation event, a liquidation fee will be applied. Users should always review the specific fee structure on the platform they are using.
Moonriver plays a crucial role in expanding MIM's reach and functionality. As an Ethereum-compatible smart contract parachain on Kusama, Moonriver provides a lower-cost and efficient environment for projects to deploy. By leveraging Moonriver, MIM gains multichain compatibility, allowing users to interact with MIM on a high-throughput network with reduced transaction fees compared to other networks. This integration facilitates broader adoption and accessibility for MIM within the wider Web3 space.

Trending news

--

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.

Crypto Calculator

I will spend
USDUSD
USDUSD
I will receive
MIMMIM
mimMIM

Fee Rate

Among major trading platforms, LBank has the lowest fee rate
LBank
0.10%
Kraken
0.15%
Coinbase
0.20%

Popular cryptocurrencies

--
$0.153
-27.49%
--
$0.01717
-6.33%
--
$0.00382
-18.64%
--
$0.01329
-42.18%
--
$0.00712
-10.09%

Gainers

--
$0.01114
+357.41%
--
$0.00277
+103.15%
--
$0.03136
+73.42%
--
$1.5979
+68.25%
--
$0.0026
+62.56%

Newly added cryptocurrencies

--
$0.009172
-28.23%
--
$0.02018
-23.47%
--
$0.15051
-1.70%
--
$0.002601
+62.56%
--
$0.000007
-43.72%

Magic Internet Money (Moonriver) Technical Analysis