Spell Token (SPELL) Reaches Market Capitalization of $79.91 Million

Spell Token (SPELL) traded up 1.5% against the US dollar during the 24 hour period ending at 22:00 PM ET on November 1st. In the last seven days, Spell Token has traded 0.1% lower against the US dollar. Spell Token has a market cap of $79.91 million and $5.30 million worth of Spell Token was traded on exchanges in the last day. One Spell Token token can currently be bought for about $0.0005 or 0.00000001 BTC on cryptocurrency exchanges.

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 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.
• SolvBTC (SOLVBTC) traded 0.1% lower against the dollar and now trades at $69,552.87 or 0.99913757 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% lower against the dollar and now trades at $69,473.68 or 0.99800002 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 launched on May 27th, 2021. Spell Token’s total supply is 196,008,739,620 tokens and its circulating supply is 150,729,296,899 tokens. 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. 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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