The analysis of MAGIC•INTERNET•MONEY (MIM) reveals a distinct dichotomy between its structural integrity and its operational utility. As a Bitcoin Rune (Rune #17), the token benefits from an exceptionally high security score (9/10) by inheriting Bitcoin's immutable Layer 1 infrastructure and avoiding smart contract vulnerabilities. Its tokenomics (7.2/10) are also a strong point, featuring a 'fair launch' model with 100% of the supply immediately circulating, ensuring no inflationary pressure or VC unlocks. However, these foundational strengths are offset by a near-total absence of active development (0.5/10), as the project functions as a static digital artifact rather than an evolving protocol. Utility is strictly limited to cultural speculation and meme value, with Bitcoin's block times rendering the marketed 'microtransaction' use case impractical. While the project holds historical prestige through its creator Mavensbot, community engagement is currently dormant. Investors must be wary of name confusion with the unrelated Abracadabra stablecoin. The asset is best viewed as a secure, decentralized collectible rather than a functional utility token.