Spell Token Hits Market Cap of $81.07 Million (SPELL)

Spell Token (SPELL) traded up 1.8% against the US dollar during the 1 day period ending at 17:00 PM Eastern on August 21st. Spell Token has a market capitalization of $81.07 million and approximately $6.21 million worth of Spell Token was traded on exchanges in the last day. During the last seven days, Spell Token has traded up 5.8% against the US dollar. One Spell Token token can currently be bought for approximately $0.0005 or 0.00000001 BTC on exchanges.

Here’s how related cryptocurrencies have performed during 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 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.
• 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.
• 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0.6% lower against the dollar and now trades at $0.0449 or 0.00000073 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 147,978,030,420 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.”

Buying and Selling Spell Token

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 Changelly, Coinbase 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