Spell Token (SPELL) Hits Market Cap of $89.29 Million

by · The Markets Daily

Spell Token (SPELL) traded down 3.8% against the US dollar during the twenty-four hour period ending at 18:00 PM Eastern on October 21st. One Spell Token token can currently be bought for approximately $0.0006 or 0.00000001 BTC on popular exchanges. During the last seven days, Spell Token has traded down 7.6% against the US dollar. Spell Token has a total market capitalization of $89.29 million and approximately $7.94 million worth of Spell Token was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during 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 2.2% lower 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 up 1.2% 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded up 17.9% against the dollar and now trades at $0.0944 or 0.00000139 BTC.
  • P2P Solutions foundation (P2PS) traded down 1.3% against the dollar and now trades at $172.82 or 0.00255230 BTC.

Spell 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 150,424,123,297 tokens. The official website for Spell Token is abracadabra.money. 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.

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 possible to buy alternative cryptocurrencies such as Spell Token directly using U.S. dollars. Investors seeking to trade Spell Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Spell Token using one of the exchanges listed above.

SPELL/USD price chart by TradingView