fundamental analysis of the Multichain cryptocurrency
Multichain
MULTI
$0.80

Sector

Interoperability

Exchange Debut

2022-01-04

Market Cap

15,479,402

Maxim Supply

100,000,000

Circulating Supply

19,363,293

Circ. Supply(%)

19.36%
fundamental analysis of the Multichain cryptocurrency

Multichain

MULTI

Price

$0.80

Market Cap

Sector

Exchange Debut

15,479,402
2022-01-04

Volume 24h

High 24h

Low 24h

1812949
0.857651454476
0.772256658144

Change 24h

Change 7d

Change 30d

-3.0473
-38.2381
-46.9439

Maxim supply

Circulating supply

Circulating supply(%)

100,000,000
19,363,293
19.36%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Multichain cryptocurrency:

Multichain (MULTI) is an innovative cross-chain router protocol (CRP) that strives to become the ultimate router for the Web3 ecosystem. It’s a promising infrastructure for on-chain asset interoperability, allowing almost all blockchains to interoperate seamlessly. Despite a relatively average overall score of 5.38 out of 10 in the fundamental analysis of the Multichain cryptocurrency, it shows strong potential in areas such as social & mass media presence and strategic partnerships, which are key indicators of the project’s future trajectory.

SOCIAL & MASS MEDIA: Score 7.6 out of 10

Multichain has demonstrated significant prowess in the realm of social media and mass media presence. With a score of 10 out of 10 for its ability to attract followers and its media presence, the project shows an impressive reach. This, coupled with its substantial chat group community, suggests that Multichain has cultivated an active and dedicated following. However, the relatively lower score in community activity on social media pages and activities of social media administrators indicates a potential area for improvement.

AUDIT & SECURITY: Score 3.83 out of 10

In the fundamental analysis of the Multichain cryptocurrency, audit and security concerns appear to be an area of concern. Though there is decent transparency of information available to the public, the audit results and liquidity on exchange ratings indicate room for improvement. Ensuring a high standard of security and transparency will be crucial in sustaining trust among users and investors.

TOKENOMICS: Score 3.88 out of 10

The Multichain project’s tokenomics seem to be a bit shaky. With a low score for the inflationary nature of the project and the centralization of the monetary mass, there is certainly a need for strategic review in this area. A more balanced and investor-friendly token economic structure may boost confidence in the project.

ECOSYSTEM DEVELOPMENT: Score 5.6 out of 10

With a mid-range score in ecosystem development, the fundamental analysis of the Multichain cryptocurrency suggests that the project is making steady progress towards its goals. Yet, it’s evident that there is room for growth, particularly in bringing new developments to the project.

TEAM & DEVELOPERS: Score 1.4 out of 10

The team’s experience and the number of software developers is an area of concern for Multichain. This is a critical factor in the project’s future success and should be addressed to reassure investors of the team’s technical capability and dedication to the project’s growth.

PRODUCT & UTILITY: Score 6.6 out of 10

Multichain demonstrates satisfactory utility of its product and tokens in the ecosystem, as reflected in its decent score. The usability and value proposition of a project’s product significantly impact its adoption rate and long-term sustainability.

PARTNERS & INVESTORS: Score 7 out of 10

Multichain shows strength in its partnerships and investor relations, which is a positive indicator for the project. Having a good number and quality of partners, along with capable investors, is vital for the project’s longevity and growth.

Fundamental analysis of the Multichain cryptocurrency – The final conclusion

Based on this fundamental analysis of the Multichain cryptocurrency, the project exhibits a mixed bag of strengths and areas for improvement. While there’s clear success in the areas of social media presence and strategic partnerships, there are also significant gaps in team experience and the project’s audit and security scores. These gaps need addressing to foster trust and confidence among current and prospective users and investors.

In terms of investment opportunity, the potential of Multichain is largely contingent on the team’s ability to address its weak points. With improvements in these areas, the project could be a valuable addition to an investment portfolio looking to diversify  into cross-chain technologies.

However, the lower scores in crucial areas like audit and security, tokenomics, and team experience present certain risks for investors. The project’s sustainability and success are strongly tied to the team’s ability to improve these areas. Therefore, potential investors must be aware of these risks and make decisions based on their own research, risk tolerance, and investment objectives.

Multichain (MULTI): An Interoperable Router Protocol

Multichain (MULTI) is a cross-chain router protocol (CRP) built as an infrastructure for interoperability of on-chain assets. Originating from Anyswap on 20th July 2020, it was designed to address the need for diverse blockchains to communicate seamlessly. Its mission is to usher the next phase of consumer adoption in the blockchain industry by providing fast, secure, and inexpensive ways to exchange value and data across chains.

Comprehensive Integration and Security

The Multichain platform enables almost all blockchains to inter-operate, ranging from Ethereum-like chains, Layer 2 chains, Parachains, Bitcoin-type chains to COSMOS chains. Multichain’s solutions are now either integrated or on their path to integration, supporting both ECDSA and EdDSA encrypted chains. This feature makes Multichain universally applicable as an interoperable layer.

Multichain: A Potential Asset in Multichain Cryptocurrency

Taking into account the fundamental analysis of the Multichain cryptocurrency, Multichain’s interoperability can be a crucial factor. Its cross-chain communication capabilities could facilitate value exchange, potentially enhancing the liquidity and functionality of Multichain cryptocurrency. Multichain’s protocol, serving as a bridge between multiple blockchain ecosystems, might play a substantial role in the future of decentralized finance and the Multichain cryptocurrency.

Where Can You Buy Multichain – MULTI?

MULTI can be purchased on cryptocurrency exchanges such as Binance,   Coinbase, Kraken and PancakeSwap v2.

All you need to do is create a  free account on any of these exchanges and start trading.

fundamental-analysis-of-the-multichain-cryptocurrency

Multichain - MULTI performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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