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    Spell

    SPELL

    Rank #402

    $0.001061

    -16.88%
    24H Low$0.001062
    $0.00127724H High
    24H Volume
    $17.26 M
    All-Time High(ATH)
    $0.03506
    All-Time Low(ATL)
    $0.0002981
    Market Cap
    $151.1 M
    Fully Diluted Valuation
    $211.27 M
    Market Cap/FDV
    71.52%
    Circulating Supply
    140.19 B SPELL
    Total Supply
    196.01 B SPELL
    Max Supply
    210 B SPELL
    Market Sentiment
    Positive
    * Data from 3rd parties

    Spell (SPELL) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.00001985
    -1.87%
    24H
    $-0.0001792
    -16.88%
    7D
    $-0.0002474
    -23.31%
    30D
    $+0.0007298
    +68.76%
    1Y
    $+0.0004517
    +42.56%

    Live Spell (SPELL) Price Update

    Spell price today is $0.001061 with a 24-hour trading volume of $17.26 M, and as such Spell has a market cap of $151.1 M, giving it a market dominance of 0.0079%. The Spell price moved -16.88% in the last 24 hours.

    Spell reached its highest price on 2021-11-02 when it was trading at its all-time high of $0.03506, while its lowest price was recorded on 2021-08-05 when it was trading at its all-time low of $0.0002981. The current lowest price since the last cycle high was $0.0002981, and the highest price since the last cycle low was $0.03506. The social sentiment of Spell is currently Positive.

    The current circulating supply of Spell is $140.19 B SPELL. In terms of market cap, Spell is currently ranked 402.

    About Spell (SPELL)

    Abracadabra. Money is a lending platform that uses interest bearing tokens (ibtkns) as collateral to borrow dollar linked stablecoins (magical network currency - MIM), which can be used for any other traditional stablecoins.

    FAQs

    1. What determines the price movement of Spell?

    There are two schools of thought in determining the price of Spell.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Spell, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Spell from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Spell on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Spell as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Spell and the cryptocurrency market as a whole.

    Spell Tokenomics

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    Spell Analysis

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