Spell Token Hits Market Cap of $83.34 Million (SPELL)

Spell Token (SPELL) traded 9.1% higher against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on November 6th. Over the last seven days, Spell Token has traded 2.4% lower against the U.S. dollar. One Spell Token token can now be bought for approximately $0.0006 or 0.00000001 BTC on major cryptocurrency exchanges. Spell Token has a total market capitalization of $83.34 million and approximately $7.84 million worth of Spell Token was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over 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 2.2% lower 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 9.3% higher against the dollar and now trades at $75,805.96 or 1.00003266 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 7.3% against the dollar and now trades at $74,393.91 or 0.98140490 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Spell Token

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 150,851,043,465 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. 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 presently 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 Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Spell Token using one of the exchanges listed above.

SPELL/USD price chart by TradingView