IMInternet Money (BSC)
$0.083733
$0.0101351
(0.36%)
Vol3.72
Abracadabra Implements Emergency Measures to Revive Its Stablecoin
Abracadabra, a decentralized finance protocol, has initiated urgent strategies to counteract the depegging of its stablecoin, Magic Internet Money (MIM), which dropped significantly from its intended $1 valuation. The company’s immediate priority is to curtail the circulating sup...
BH NEWS
Abracadabra announced emergency measures after MIM stablecoin fell to $0.50 from its $1 peg
🚨 $MIM lost its dollar peg and is trading around $0.50, prompting Abracadabra to launch emergency actions. 💸 Abracadabra raised borrowing costs and suspended liquidity rewards to cut the supply in $MIM and stabilize the market. 🛡️ The protocol previously suffered a $13 million...
COINTURK NEWS
apxUSD Drops Below $0.80 As STRC Pressure Hits Apyx Stablecoin
Apyx’s apxUSD fell below $0.80, deepening a fresh depeg for the dividend-backed stablecoin as pressure returned across Strategy-linked credit products. apxUSD recently traded near $0.7702, down 9.1% over 24 hours and 12.8% over seven days. The token’s 24-hour range widened sharpl...
Crypto Adventure
Abracadabra Rolls Out Emergency Measures as MIM Stablecoin Falls Far Below $1 Peg
Abracadabra has launched a series of emergency measures after its Magic Internet Money (MIM) stablecoin lost its dollar peg and plunged well below its intended $1 value. The decentralized finance protocol said it is taking immediate action to reduce MIM supply and stabilize the m...
DeFi Planet
MIM Depegs To $0.50 As Abracadabra Raises Cauldron Rates
Magic Internet Money fell sharply below its intended $1 peg, with MIM on Ethereum trading near $0.50 after a volatile 24-hour window that pushed the stablecoin as low as about $0.43. The move left MIM roughly 50% below peg at the latest tracked price, with the market still showin...
Crypto Adventure
Abracadabra Issues Emergency Measures as MIM Stablecoin Depeg Escalates
Abracadabra has moved to stabilize its dollar-pegged stablecoin Magic Internet Money (MIM) after the token fell more than 50% below its $1 peg. The DeFi protocol said it is rolling out emergency measures that increase borrowing costs across its lending system in order to encourag...
CryptoBreaking
Abracadabra takes emergency action as MIM stablecoin depeg worsens
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
Cointelegraph.com News (Full)
MIM Stablecoin Depegs: Magic Internet Money Falls to $0.49
BitcoinWorld MIM Stablecoin Depegs: Magic Internet Money Falls to $0.49 Magic Internet Money (MIM), the algorithmic stablecoin issued by the DeFi protocol Abracadabra (SPELL), has experienced a significant depeg, with its market price falling to approximately $0.49. This represen...
BitcoinWorld
Abracadabra.money injects $100K into Curve pool to stem MIM stablecoin depeg
BitcoinWorld Abracadabra.money injects $100K into Curve pool to stem MIM stablecoin depeg Decentralized finance protocol Abracadabra.money has moved to stabilize its algorithmic stablecoin, Magic Internet Money (MIM), by injecting $100,000 into its primary liquidity pool on Curve...
BitcoinWorld
MIM Depegs Below $0.89 Twice in a Week: What It Means for Crypto Markets
MIM fell below $0.89 twice in one week, raising renewed questions about stablecoin confidence, liquidity stress, and broader crypto market risk. Bitcoininfonews first published the article titled MIM Depegs Below $0.89 Twice in a Week: What It Means for Crypto Markets.
Bitcoin Info News
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AboutInternet Money (IM) was created to serve as a form of peer to peer "digital cash". The contract is simple: you can buy, sell, send and burn IM. Internet Money has no admin keys, no taxes, no reflections and is deflationary. Cryptocurrency was created to be a decentralized way to interact with money. We aim to take continual steps towards the decentralization of every facet of the Internet Money ecosystem; because we believe this is the way money should be: No centralized entities. No controlling forces. Power in the hands of the people.
DetailsCategories
Ethereum EcosystemWallets
Date
Market Cap
Volume
Close
June 26, 2026
$0.00
$3.72
---
June 24, 2026
$0.00
$11.48
$0.083927
June 23, 2026
$0.00
$12.20
$0.084117
June 22, 2026
$0.00
$2.32
$0.084130
June 21, 2026
$0.00
$2.33
$0.084151
June 20, 2026
$0.00
$120.68
$0.084078
June 19, 2026
$0.00
$15.58
$0.084219
June 18, 2026
$0.00
$15.58
$0.084219
June 13, 2026
$0.00
$2.22
$0.084064
June 12, 2026
$0.00
$2.83
$0.084062