Mirror Protocol Reaches Market Cap of $498.17 Thousand (MIR)

Mirror Protocol (MIR) traded up 1.9% against the US dollar during the twenty-four hour period ending at 8:00 AM E.T. on December 23rd. One Mirror Protocol token can now be bought for about $0.0064 or 0.00000007 BTC on cryptocurrency exchanges. During the last week, Mirror Protocol has traded down 5.6% against the US dollar. Mirror Protocol has a total market capitalization of $498.17 thousand and $235.45 worth of Mirror Protocol was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $87,784.19 or 0.99677279 BTC.
• SolvBTC (SOLVBTC) traded down 2.5% against the dollar and now trades at $87,745.21 or 1.00279445 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Mirror Protocol Token Profile

Mirror Protocol’s launch date was December 3rd, 2020. Mirror Protocol’s total supply is 370,575,000 tokens and its circulating supply is 77,742,680 tokens. Mirror Protocol’s official message board is mirror-protocol.medium.com. The official website for Mirror Protocol is mirror.finance. Mirror Protocol’s official Twitter account is @mirror_protocol and its Facebook page is accessible here.

According to CryptoCompare, “What is Mirror Protocol (MIR)?Mirror Protocol is a decentralized platform that allows users to create and trade synthetic assets, also known as “mirrored assets”. These assets track the price of real-world assets, such as stocks, commodities, and exchange-traded funds (ETFs).Who created Mirror Protocol (MIR)?Mirror Protocol was created by a team of developers led by Do Kwon, the co-founder and CEO of Terraform Labs.What is Mirror Protocol (MIR) used for?Mirror Protocol is primarily used for trading synthetic assets, which are created by “mirroring” the price movements of real-world assets. Users can trade these synthetic assets on the Mirror Protocol platform, allowing them to gain exposure to the price movements of a wide range of real-world assets without actually owning them. Mirror Protocol also allows users to participate in liquidity provision and governance processes, by staking MIR tokens.”

Buying and Selling Mirror Protocol

It is usually not presently possible to buy alternative cryptocurrencies such as Mirror Protocol directly using U.S. dollars. Investors seeking to trade Mirror Protocol should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Mirror Protocol using one of the exchanges listed above.

MIR/USD price chart by TradingView