Magic internet money
1.3K
Volume
+438%
Growth
exploding
About the Topic
Stablecoin pegged to the value of the US dollar, backed by yield-bearing crypto assets. Magic Internet Money (MIM) can be minted on the Abracadabra platform by providing collateral in the form of yield-bearing cryptocurrencies, offering a unique way to leverage crypto assets for stablecoin creation. This stablecoin is primarily targeted at cryptocurrency users and investors looking for a stable asset that can be easily swapped with other stablecoins.
Magic internet money was discovered on January 5th 2022 and it currently has a search volume of 1.3K with a growth of +378%.
Key Indicators
Growth
- Exploding
- Regular
- Peaked
Speed
- Exponential
- Constant
- Stationary
Seasonality
- High
- Medium
- Low
Volatility
- High
- Average
- Low
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