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3232Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
https://www.digit.info/defi-protocol-abracadabras-stablecoin-mim-briefly-slides-to-0-91-during-the-crypto-market-rout/
Sun, 19 Jun 2022 04:00:37 +0000https://www.digit.info/2022/06/19/defi-protocol-abracadabras-stablecoin-mim-briefly-slides-to-0-91-during-the-crypto-market-rout/Read more]]>Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST) failure and USDD’s recent volatility last week. Stablecoin […]
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST) failure and USDD’s recent volatility last week. Stablecoin […]