Spell Token (SPELL) Market Cap Reaches $78.89 Million

Spell Token (SPELL) traded up 1% against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on September 10th. Spell Token has a market capitalization of $78.89 million and approximately $4.30 million worth of Spell Token was traded on exchanges in the last 24 hours. One Spell Token token can now be purchased for $0.0005 or 0.00000001 BTC on major exchanges. In the last seven days, Spell Token has traded up 6.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• 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 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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 12.9% higher against the dollar and now trades at $0.0708 or 0.00000122 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 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 148,431,860,320 tokens. Spell Token’s official Twitter account is @mim_spell and its Facebook page is accessible here. Spell Token’s official message board is abracadabramoney.medium.com. The official website for Spell Token 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 possible to purchase alternative cryptocurrencies such as Spell Token directly using US dollars. Investors seeking to trade Spell Token should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Spell Token using one of the aforementioned exchanges.

SPELL/USD price chart by TradingView