Spell Token Market Capitalization Tops $125.69 Million (SPELL)

Spell Token (SPELL) traded down 0.9% against the dollar during the 24 hour period ending at 8:00 AM ET on January 5th. Spell Token has a total market cap of $125.69 million and approximately $9.96 million worth of Spell Token was traded on exchanges in the last day. In the last week, Spell Token has traded 6.4% higher against the dollar. One Spell Token token can now be purchased for $0.0008 or 0.00000001 BTC on major exchanges.

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

  • 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher 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.
  • SolvBTC (SOLVBTC) traded 0.1% lower against the dollar and now trades at $97,514.28 or 0.99626800 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $96,767.12 or 0.98863459 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 was first traded on May 27th, 2021. Spell Token’s total supply is 196,008,739,620 tokens and its circulating supply is 154,208,858,160 tokens. 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. Spell Token’s official message board is abracadabramoney.medium.com.

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 buy alternative cryptocurrencies such as Spell Token directly using U.S. dollars. Investors seeking to trade Spell Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Spell Token using one of the exchanges listed above.

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