Multichain Router is a blockchain-based platform that aims to provide secure, fast, and low-cost transactions for decentralized applications (dApps). Its native token is called MULTI, which is used as a means of payment and governance within the Multichain ecosystem.

MULTI is an ERC-20 token that runs on the Ethereum blockchain, and it can be stored in any compatible wallet. The token has a total supply of 10 billion, with a circulating supply of around 1.3 billion as of August 2021.

The Multichain Router platform offers various features such as smart contract support, cross-chain interoperability, and decentralized exchange (DEX) integration. It also claims to have a high transaction throughput of up to 10,000 transactions per second (TPS) and low transaction fees.

Overall, the success of the Multichain Router platform and its native token MULTI will depend on factors such as user adoption, developer activity, and competition from other blockchain platforms.

The price of MULTI token plunged by 30% due to a delay in the backend upgrade of the Multichain Router platform. The upgrade was expected to improve the performance and security of the platform, but it was postponed due to unexpected technical issues.

The Multichain Token experienced a significant price plunge of 30% due to a backend upgrade delay. In order to gain valuable insights and understand the repercussions of this news, we are seeking skilled data analysts to conduct a comprehensive analysis of relevant data points. The goal is to provide a thorough understanding of the Multichain Token's current state and its potential impact on the market, with a specific focus on the repercussions of the backend upgrade delay.

The data provided by Flipside has been used to handle this analysis.

• In this investigation, first of all, the price of holders of the $MULTI token has been investigated before and after expected upgrade.

• After price investigation, the application of the $MULTI on the Ethereum blockchain has been determined by various indicators. The transfer analysis to/from CEXs for $MULTI and also the count of senders and receivers have been calculated.

• The trade analysis of $MULTI on the Ethereum has been underestimated from various points. The sale and buy volume of $MULTI is determined. The tokens swapped from $MULTI and swapped to $MULTI have been obtained based on the volume of trade.

• The final part is used to identify the impacts of the delay on upgrade on the activity of the Multichain router based on the volume and count of interactions.