Faster global financial news!
MIM
-
Abracadabra DAO passes proposal to shut down protocol, MIM holders to get 4 cents on dollar
Abracadabra DAO, which once held over $6 billion in total value locked (TVL), has passed a controversial proposal to wind down its protocol. The move follows a second vote with reduced quorum requirem
-
Abracadabra Proposes Winding Down MIM, Recoverable Backing at $900,000 Against $21 Million Bad Debt
Abracadabra Proposes Winding Down MIM, Recoverable Backing at $900,000 Against $21 Million Bad Debt
-
MIM Coin Value Analysis: Is Magic Internet Money Worth a Long-Term Investment?
MIM (Magic Internet Money) is a USD-pegged stablecoin issued by the Abracadabra.money protocol, and its value should be anchored to 1 US dollar. However, the token experienced a severe de-pegging event in June 2026, with its price plummeting to $0.48 at one point, and has suffered multiple security vulnerabilities. The current price of MIM is significantly below $1, and market data shows considerable discrepancies. Given its inherent risks as an algorithmic stablecoin, its historical instability, and multiple security incidents, MIM faces extremely high risks as a long-term investment.
-
Abracadabra DAO passes proposal to shut down protocol, MIM holders to get 4 cents on dollar
Abracadabra DAO, which once held over $6 billion in total value locked (TVL), has passed a controversial proposal to wind down its protocol. The move follows a second vote with reduced quorum requirem
-
Abracadabra Proposes Winding Down MIM, Recoverable Backing at $900,000 Against $21 Million Bad Debt
Abracadabra Proposes Winding Down MIM, Recoverable Backing at $900,000 Against $21 Million Bad Debt
-
MIM Coin Value Analysis: Is Magic Internet Money Worth a Long-Term Investment?
MIM (Magic Internet Money) is a USD-pegged stablecoin issued by the Abracadabra.money protocol, and its value should be anchored to 1 US dollar. However, the token experienced a severe de-pegging event in June 2026, with its price plummeting to $0.48 at one point, and has suffered multiple security vulnerabilities. The current price of MIM is significantly below $1, and market data shows considerable discrepancies. Given its inherent risks as an algorithmic stablecoin, its historical instability, and multiple security incidents, MIM faces extremely high risks as a long-term investment.
MIM
24H Trending
-
1
ETH cross-exchange spread hits 1.11%
-
2
ZEC (Zcash) surged 6.23% in a short-term rally over the past 4 hours, currently trading at $878.990
-
3
How is the ZZZ token? Which exchanges is the ZZZ token listed on?
-
4
CNBC: Berkshire Hathaway Closes at All-Time High for Fourth Consecutive Session, Class A Shares Up 19.1% Since Q4
-
5
TechCrunch: Petition Calling for Jensen Huang to Return to Office Reaches Over 115k Signatures, Backed by Musk and Others
-
6
Bloomberg: Collins says steady, gradual rate hikes appropriate to lower inflation
-
7
HYPE (Hyperliquid) is up 6.19% in the past hour, currently trading at $66.580
-
8
XRP surged 6.54% in a 4-hour window, currently trading at $0.9548
-
9
ETH (Ethereum) surged 5.32% within 1 hour, currently trading at $1,809.73
-
10
Bitcoin Falls Below $69,000 as Ether Slides Under $2,000
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
