Mirror Protocol (MIR) Trading Down 10.5% Over Last Week

Mirror Protocol (MIR) traded 3.8% lower against the US dollar during the 1-day period ending at 9:00 AM Eastern on February 1st. During the last seven days, Mirror Protocol has traded down 10.5% against the US dollar. Mirror Protocol has a market capitalization of $368.06 thousand and $2.19 thousand worth of Mirror Protocol was traded on exchanges in the last 24 hours. One Mirror Protocol token can currently be purchased for about $0.0047 or 0.00000006 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 2.2% lower 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 10.5% against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded 5% lower against the dollar and now trades at $78,422.90 or 0.99931980 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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.

About Mirror Protocol

Mirror Protocol’s genesis 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 website is mirror.finance. Mirror Protocol’s official Twitter account is @mirror_protocol and its Facebook page is accessible here. The official message board for Mirror Protocol is mirror-protocol.medium.com.

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 currently possible to purchase alternative cryptocurrencies such as Mirror Protocol directly using US dollars. Investors seeking to trade Mirror Protocol should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Mirror Protocol using one of the exchanges listed above.

MIR/USD price chart by TradingView