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MAGIC•INTERNET•MONEY (MIM) is a memecoin inscribed on the Bitcoin blockchain as Rune #17. With a total supply of 21 billion tokens, MIM has gained attention within the crypto community for its playful branding and speculative potential. It is associated with the Magic Internet Memes platform, which offers memecoin communities an intuitive tool for creating memes. The name of the currency comes from a meme supposedly started by a user by the name of @NomadTheSavior, and the memecoin is issued in collaboration with @mavensbot, the author of the Bitcoin Wizard ordinals.
MAGIC INTERNET MONEY (MIM) is a meme coin inscribed on the Bitcoin blockchain as Rune #17. It is associated with the Magic Internet Memes platform, which offers memecoin communities an intuitive tool for creating memes.
MIM operates as a Rune on the Bitcoin blockchain, using Bitcoin's inscription technology for transfers and trading. It has a fixed total supply of 21 billion tokens.
Currently, the only way to obtain MAGIC INTERNET MONEY is through decentralized exchanges that support Bitcoin Runes. Investors should keep an eye out for potential airdrops and community distributions.
MAGIC INTERNET MONEY can be purchased on DEXs that support Bitcoin Runes, such as Magic Eden (Runes).
To buy MAGIC INTERNET MONEY on Magic Eden (Runes), ensure you have a compatible Bitcoin wallet, such as Xverse or Leather, and some BTC to cover trading fees. Connect your wallet on the platform.
MIM is a Bitcoin-based Rune and cannot be directly added to MetaMask, which primarily supports Ethereum and EVM-compatible chains. Use a Runes-compatible wallet such as Unisat or Leather for storage and transactions.
No, MAGIC INTERNET MONEY is not a stablecoin. It is a meme-inspired cryptocurrency token, and its value can be highly volatile.
MIM is not backed by any assets or reserves. It is a meme token with no intrinsic value, designed for speculative trading within the crypto community.
MIM tokens can be stored in Bitcoin wallets that support Rune inscriptions, such as Leather, Xverse or Unisat.
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