Spell Token (SPELL) Hits Market Cap of $95.15 Million

Spell Token (SPELL) traded up 1% against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on April 20th. One Spell Token token can currently be bought for $0.0009 or 0.00000001 BTC on popular cryptocurrency exchanges. Over the last seven days, Spell Token has traded down 6.8% against the U.S. dollar. Spell Token has a total market capitalization of $95.15 million and $8.06 million worth of Spell Token was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 0.4% higher against the dollar and now trades at $0.33 or 0.00000520 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 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.
• 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 0.8% against the dollar and now trades at $0.0087 or 0.00000014 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 message board is abracadabramoney.medium.com. Spell Token’s official Twitter account is @mim_spell and its Facebook page is accessible here. The official website for Spell Token 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.”

Buying and Selling Spell Token

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

SPELL/USD price chart by TradingView