Spell Token Market Capitalization Tops $81.04 Million (SPELL)

Spell Token (SPELL) traded 3.3% higher against the dollar during the 1-day period ending at 22:00 PM Eastern on October 11th. During the last week, Spell Token has traded 1.4% higher against the dollar. One Spell Token token can now be bought for approximately $0.0005 or 0.00000001 BTC on exchanges. Spell Token has a market cap of $81.04 million and $4.08 million worth of Spell Token was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during 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 down 2.2% 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 5.9% against the dollar and now trades at $0.0543 or 0.00000087 BTC.
• P2P Solutions foundation (P2PS) traded 1.8% higher against the dollar and now trades at $158.08 or 0.00252233 BTC.

Spell Token Token Profile

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 150,047,693,649 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 currently possible to buy alternative cryptocurrencies such as Spell Token directly using U.S. dollars. Investors seeking to trade Spell Token should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Spell Token using one of the aforementioned exchanges.

SPELL/USD price chart by TradingView