Spell Token Reaches Market Cap of $99.33 Million (SPELL)

Spell Token (SPELL) traded 0.1% higher against the US dollar during the 1-day period ending at 9:00 AM E.T. on June 30th. Spell Token has a total market cap of $99.33 million and approximately $3.01 million worth of Spell Token was traded on exchanges in the last day. One Spell Token token can now be purchased for $0.0007 or 0.00000001 BTC on popular exchanges. During the last week, Spell Token has traded down 1.5% against the US dollar.

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

• KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.20 or 0.00000329 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• 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 0.5% higher against the dollar and now trades at $0.0115 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Spell 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 145,603,772,912 tokens. The official website for Spell Token is abracadabra.money. The official message board for Spell Token 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 possible to buy alternative cryptocurrencies such as Spell Token directly using U.S. dollars. Investors seeking to acquire Spell Token should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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