Spell Token Achieves Market Capitalization of $91.70 Million (SPELL)

Spell Token (SPELL) traded 2.2% lower against the dollar during the 24 hour period ending at 8:00 AM E.T. on May 7th. In the last week, Spell Token has traded 6.2% higher against the dollar. One Spell Token token can currently be purchased for about $0.0009 or 0.00000001 BTC on major exchanges. Spell Token has a total market cap of $91.70 million and approximately $5.03 million worth of Spell Token was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 0.8% higher against the dollar and now trades at $0.30 or 0.00000474 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.6% against the dollar and now trades at $0.0099 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Spell Token

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 107,405,628,969 tokens. The official message board for Spell Token is abracadabramoney.medium.com. Spell Token’s official website is abracadabra.money. 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 purchase alternative cryptocurrencies such as Spell Token directly using US dollars. Investors seeking to acquire Spell Token should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Spell Token using one of the exchanges listed above.

SPELL/USD price chart by TradingView