Spell Token (SPELL) Market Capitalization Hits $87.10 Million

Spell Token (SPELL) traded down 2.5% against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on October 17th. Spell Token has a market cap of $87.10 million and $5.58 million worth of Spell Token was traded on exchanges in the last day. One Spell Token token can currently be bought for about $0.0006 or 0.00000001 BTC on exchanges. In the last seven days, Spell Token has traded 12% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 0.5% lower against the dollar and now trades at $169.10 or 0.00249865 BTC.

Spell Token Profile

Spell Token’s launch date was May 27th, 2021. Spell Token’s total supply is 196,008,739,620 tokens and its circulating supply is 150,267,125,438 tokens. The official message board for Spell Token is abracadabramoney.medium.com. Spell Token’s official Twitter account is @mim_spell and its Facebook page is accessible here. Spell Token’s official website is abracadabra.money.

According to CryptoCompare, “Spell Token (SPELL) is the utility token of the Spell protocol, which enables permissionless lending and borrowing of crypto assets. SPELL token is used for governance, staking rewards, liquidity mining, and fee discounts. It allows users to participate in decision-making processes and earn rewards for supporting the protocol.”

Spell Token Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Spell Token directly using U.S. dollars. Investors seeking to acquire Spell Token should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Spell Token using one of the aforementioned exchanges.

SPELL/USD price chart by TradingView