Part 1 Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide
CryptoGames1% through historical range
59.31% above ATL and 98.12% below ATH
Showing 8 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.
| Pair | |||||
|---|---|---|---|---|---|
| 1 | Meteora DLMM | PUPS/MIM | $0.00349 | $103 | 17 |
| 2 | MIM/USD | $0.00034 | $5.57K | 2 | |
| 3 | MIM/EUR | $0.00035 | $85 | 1 | |
| 4 | Meteora DAMM v2 | PUPS/MIM | $0.00349 | $53 | 57 |
| 5 | Meteora DAMM v2 | DOG/MIM | $0.00087 | $28 | 7 |
| 6 | Meteora DAMM | MIM/SOL | $0.00033 | $161 | 100 |
| 7 | MIM/USDT | $0.00032 | $3.2K | 1 | |
| 8 | AscendEX | MIM/USDT | $0.00032 | $50.04K | 1 |
Affiliate Disclaimer: CryptoSlate may receive a commission when you click trading links on this page and complete an action with a third party. This does not influence our editorial independence or coverage.
See MIM across major fiat currencies and swap the active converter instantly.
Using the live USD market price. Additional fiat rates will appear after the daily sync.
Magic Internet Money (MIM) is widely regarded as the first mainstream Bitcoin meme, born in 2013 and finally deployed on the Bitcoin blockchain a decade later by its creator, the digital artist Mavensbot. More than just a token, MIM embodies Bitcoin’s culture, history, and provenance—an artifact of crypto’s early internet lore now preserved forever on-chain.
The story began on the r/bitcoin subreddit in 2013, where Mavensbot shared a simple MS Paint illustration of a wizard declaring: “Magic Internet Money.” What started as playful art soon became a viral sensation within the Bitcoin community. The image was later adapted into a Reddit advertisement, which went on to become the most successful ad in the platform’s history.
During this period, the meme coincided with Bitcoin’s meteoric rise from $27 to $1,132 and helped grow the r/bitcoin subreddit from 10,000 to over 100,000 subscribers by the end of 2014. The “Magic Internet Money Wizard” became an icon of the movement, symbolizing Bitcoin’s quirky, grassroots beginnings.
When MIM was deployed on the Bitcoin blockchain, its release echoed the principles that made Bitcoin itself revolutionary. The launch had:
Today, every token is entirely community-owned—no central entity, no hidden control, only distribution among those who minted after the announcement. This approach solidified MIM as both a cultural and technical homage to Bitcoin’s origins.
Magic Internet Money represents more than just a meme coin. It is a living artifact of Bitcoin’s early community spirit, a reminder of how humor, grassroots engagement, and internet culture helped propel a decentralized currency into mainstream awareness. By capturing that spirit on-chain, MIM ensures that one of Bitcoin’s most iconic memes will never fade from history.
“Magic Internet Money isn’t just a token—it’s Bitcoin’s culture, history, and humor preserved on the blockchain.”
In an era where countless meme coins rise and fall, Magic Internet Money stands apart. It is not a fleeting trend but a genuine piece of crypto heritage, linking the origins of Bitcoin culture with its on-chain future.
As of May 13, 2026, MAGIC•INTERNET•MONEY trades at $0.000349.
MAGIC•INTERNET•MONEY has a market capitalization of $7,337,946.94.
MAGIC•INTERNET•MONEY has a 24-hour trading volume of $62,768.24.
MAGIC•INTERNET•MONEY reached an all-time high of $0.019, recorded on Jun 17, 2025. It is currently 98.12% below its all-time high.
MAGIC•INTERNET•MONEY recorded an all-time low of $0.000219, recorded on Mar 11, 2026. It is currently 59.31% above its all-time low.