77% of retail investor accounts lose money when trading CFDs with this provider.
|1 Magic Internet Money = 0.80549 GBP||1 000 GBP = 1,241.47352 MIM|
|100 Magic Internet Money = 80.54944 GBP||100 000 GBP = 124,147.35 MIM|
|Currently in circulation: 82,873,833 MIM||The maximum amount of MIM in circulation: 136,321,017|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Magic Internet Money price
|Current price||0.8055 GBP / 0.9997 USD / 0.9316 EUR|
|Total market value||66,765,737 GBP / 82,865,100 USD / 77,218,009 EUR|
|Price change in the last 24h||0.17%|
|Price change in the last 7 days||0.02%|
|Updated||May 31, 2023, 6.00 am|
In the last 24h, the price of the cryptocurrency Magic Internet Money has increased by 0.17%. Overall, it can be said that there is an increasing trend because the value of Magic Internet Money has increased by 0.02% in the last 7 days. The total market value of the cryptocurrency Magic Internet Money as of Jan 12, 2022, is 82,865,100 USD (roughly 66,765,737 GBP), which makes it the 317th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: Radiant Capital | STP Network | Hashflow
|Date||MIM/USD||Price in GBP||Change in 24h|
|May 30, 2023||0.998 USD|
|May 29, 2023||0.999 USD|
|May 28, 2023||1.003 USD|
|May 27, 2023||0.999 USD|
|May 26, 2023||0.998 USD|
|May 25, 2023||0.998 USD|
|May 24, 2023||0.999 USD|
|May 23, 2023||0.998 USD|
|May 22, 2023||0.997 USD|
|May 21, 2023||0.999 USD|
|May 20, 2023||1.001 USD|
|May 19, 2023||0.999 USD|
|May 18, 2023||1.002 USD|
|May 17, 2023||0.999 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of Magic Internet Money in a day/week/month?
Predicting the MIM price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Magic Internet Money worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not MIM is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.