Spell Token (SPELL) Hits Market Capitalization of $89.78 Million

Spell Token (SPELL) traded down 0.1% against the US dollar during the twenty-four hour period ending at 21:00 PM ET on April 18th. Spell Token has a total market capitalization of $89.78 million and approximately $5.59 million worth of Spell Token was traded on exchanges in the last 24 hours. During the last seven days, Spell Token has traded 29.3% lower against the US dollar. One Spell Token token can currently be purchased for $0.0008 or 0.00000001 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2% higher against the dollar and now trades at $0.33 or 0.00000525 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 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 1.2% higher 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 2.2% lower 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 $0.0086 or 0.00000014 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 was first traded 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. The official website for Spell Token is abracadabra.money. 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.

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 U.S. dollars. Investors seeking to acquire Spell Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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