MAGIC•INTERNET•MONEY (MIM) is a memecoin inscribed on the Bitcoin blockchain as Rune #17. With a total supply of 21 billion tokens, MIM has gained attention within the crypto community for its playful branding and speculative potential. It is associated with the Magic Internet Memes platform, which offers memecoin communities an intuitive tool for creating memes. The name of the currency comes from a meme supposedly started by a user by the name of @NomadTheSavior, and the memecoin is issued in collaboration with @mavensbot, the author of the Bitcoin Wizard ordinals.
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Tim Draper says families, companies, and governments should hold bitcoin as he warns the U.S. dollar could lose acceptance.
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The CLARITY Act now has 100+ changes, but with 60 Senate votes needed, Polymarket bettors still put its odds at 19%.
