Spell Token Achieves Market Capitalization of $74.91 Million (SPELL)

Spell Token (SPELL) traded 3.9% lower against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on November 3rd. One Spell Token token can now be bought for approximately $0.0005 or 0.00000001 BTC on cryptocurrency exchanges. Spell Token has a market capitalization of $74.91 million and $4.65 million worth of Spell Token was traded on exchanges in the last 24 hours. In the last week, Spell Token has traded 7.8% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $68,118.54 or 0.99705824 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2% against the dollar and now trades at $67,983.02 or 0.99507467 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Spell Token Token Profile

Spell Token’s genesis date was May 27th, 2021. Spell Token’s total supply is 196,008,739,620 tokens and its circulating supply is 150,729,296,899 tokens. The official message board for Spell Token is abracadabramoney.medium.com. Spell Token’s official website is abracadabra.money. Spell Token’s official Twitter account is @mim_spell and its Facebook page is accessible here.

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.”

Buying and Selling Spell Token

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

SPELL/USD price chart by TradingView