Spell Token (SPELL) Market Cap Hits $103.33 Million

Spell Token (SPELL) traded 16.7% lower against the dollar during the 24 hour period ending at 8:00 AM E.T. on December 20th. Over the last week, Spell Token has traded down 31% against the dollar. One Spell Token token can now be bought for approximately $0.0007 or 0.00000001 BTC on exchanges. Spell Token has a total market capitalization of $103.33 million and approximately $18.34 million worth of Spell Token was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 7.3% lower against the dollar and now trades at $94,117.94 or 0.99400008 BTC.
• SolvBTC (SOLVBTC) traded down 8% against the dollar and now trades at $93,670.93 or 0.98927914 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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 153,640,567,399 tokens. The official website for Spell Token is abracadabra.money. Spell Token’s official Twitter account is @mim_spell and its Facebook page is accessible here. Spell Token’s official message board is abracadabramoney.medium.com.

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 presently 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 Gemini, GDAX or Changelly. 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