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

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

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 up 1.9% 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 Token Profile

Spell Token’s genesis date was May 27th, 2021. Spell Token’s total supply is 196,008,739,620 tokens and its circulating supply is 107,405,628,969 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.”

Buying and Selling Spell Token

It is usually not possible to buy alternative cryptocurrencies such as Spell Token directly using US dollars. Investors seeking to trade Spell Token should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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