How To Spell Price And How To Misspell It Too

Before making financial investment decisions, do consult your financial advisor. Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It’s similar to the stock markets’ Free-Float Capitalization. Among all the assets available on CoinStats, these have the most similar market capitalization to Spell. A high market capitalization implies that the asset is highly valued by the market.

These tokens allow them to vote on diverse issues around network systems and operations. The experts in the field of cryptocurrency have analyzed the prices of Spell Token and their fluctuations during the previous years. It is assumed that in 2025, the minimum SPELL price might drop to $0.006, while its maximum can reach $0.007. None of the content on Changelly, including SPELL price predictions, is investment advice, nor is it a replacement of advice from a certified financial planner. Before deciding to buy SPELL tokens, we recommend you to do your own research.

SPELL has a trading volume of $7,415,449 in the last 24 hours.

Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. Spell Token cryptocurrency investments 2020 is unique compared to other cryptocurrencies because it is the native token of the Abracadabra ecosystem.

Spell Token Price History Chart (Last 15 Days)

• After years of analysis of the Spell Token price, crypto experts are ready to provide their SPELL cost estimation for 2030.
• Your Spell tokens will be securely stored in your Kriptomat Web3 wallet.
• BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
• The Total Supply is similar to stock market’s Outstanding Shares.
• Spell is currently trading below its 50-day and 200-day SMA.
• Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Instead of mining, holders of Spell can lock their tokens on the network to validate transactions. Spell token launch occurred in May 2021 as the native token of Abracadabra Money. The lending DeFi protocol supports its users in utilizing their interest-bearing tokens, such as yvUSDT and xSUSHI.

Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly). No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. Spell (SPELL) currently ranks 457 among all known cryptocurrency assets. Before making investment decisions, explore forecasts and insights from crypto experts.

How to get crypto historical data

It is estimated that SPELL will be traded between $0.018 and $0.021 in 2028. Its average cost is expected at around $0.019 during the year. SPELL is used in the Abracadabra.money ecosystem as a governance cryptocurrency and for fees earned from the protocol. SPELL will follow a ten-year halving model, which will cut in half the rewards distributed every year. 50% of team tokens are to be issued in the first year, 25% in the second, and 12.5% in the third and fourth years. SPELL is also used as a governance token, with users having voting power according to how much they have staked.

The surname has many other spellings including Priess, Priesz, and many others. According to experts’ prediction model, SPELL’s price may level by January 2023. Notably, what is bitcoin mining and how it works 2021 on December 6, 2021, Coinbase exchange opened its platform for SPELL trading for its Pro members. Apart from SPELL, another token MIM, Magic Internet Money also exists on abracadabra.money.

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According to CoinMarketCap, Spell token currently has a circulating supply of over 107 billion SPELL coins. However, events like block reward halvings and hard forks reduce Spell token supply. The Magic Spell price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The absolute theoretical maximum number of coins/tokens that is coded how to buy truebit and will ever exist in the cryptocurrency’s lifetime.

$0.00482 USD

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Spell tracks the overall market, check out our comprehensive cryptocurrency price page. Access Spell tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform. Government regulations have a great impact on the price of Spell and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

On March 14, 2022, the price declined further to $0.0032, a 90-day low. Following data on SPELL Chart from 2021, Spell token price rose from $0.0006 on August 17, 2021, to $0.0345 on November 3. That was a massive gain of 5,650% for the Spell market in less than three months. SPELL uses a 10-year halving method to reduce the rewards by half yearly.

It plays a crucial role in the ecosystem’s functionality and provides various benefits to its holders. Spell Token holders can participate in governance and decision-making processes within the Abracadabra ecosystem. They also have the opportunity to earn rewards and incentives by staking and providing liquidity to the platform. Additionally, Spell Token can be used to access exclusive features and services within the ecosystem. Overall, the unique features and utility of Spell Token make it stand out among other cryptocurrencies. Thanks to the Kashi Lending Technology introduced by SushiSwap, Abracadabra’s isolated lending markets have sparked a wave of innovation in decentralized finance (DeFi) lending.

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall. You should be aware and prepared to potentially lose some or all of your money.