Spell Token Market Cap Tops $144.83 Million (SPELL)

Spell Token (SPELL) traded up 12.3% against the dollar during the 24-hour period ending at 7:00 AM Eastern on March 29th. Spell Token has a market cap of $144.83 million and $105.03 million worth of Spell Token was traded on exchanges in the last day. During the last week, Spell Token has traded 15.9% higher against the dollar. One Spell Token token can now be purchased for about $0.0013 or 0.00000002 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 2.2% against the dollar and now trades at $0.44 or 0.00000627 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.3% against the dollar and now trades at $0.0093 or 0.00000013 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Spell Token Profile

Spell Token launched on May 27th, 2021. Spell Token’s total supply is 196,008,739,620 tokens and its circulating supply is 107,405,628,969 tokens. Spell Token’s official website 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 US dollars. Investors seeking to acquire Spell Token should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Spell Token using one of the aforementioned exchanges.

SPELL/USD price chart by TradingView