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Spell Token price

$0.00050

SPELL icon

Spell Token price

SPELL icon
$0.00050
+4.19% past 24 hours
1H
24H
1W
1M
1Y
5Y
Market statsLast updated
$81.48M
162B
$6.59M
$0.000020
$0.00050
$0.00048

About Spell Token (SPELL)

Spell Token is the governance token for the Abracadabra.money platform, a decentralized finance (DeFi) protocol that allows users to mint Magic Internet Money (MIM), a USD-pegged stablecoin. Users can deposit interest-bearing tokens as collateral to borrow MIM. The SPELL token is used for governance and incentivizing participation within the platform.

Spell Token (SPELL) Price Today

Spell Token price today is $0.00050.

8,460,038 SPELL was purchased today on Kraken worth $4,247. Check out the SPELL chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive SPELL price alerts. Kraken lets you buy and sell 428 cryptocurrencies, including SPELL. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.

Spell Token (SPELL) Price History

Spell Token price is -39.51% over the last year. The highest price of SPELL in the last year was $0.0017 and the lowest price of Spell Token in the last year was $0.00044.

24h
+4.19%
7d
-5.64%
1m
-16.23%
1y
-39.51%

Categories

Kraken classes Spell Token to be within the following categories: DeFi, Avalanche Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem.

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Spell Token FAQ

Can I trade Spell Token at a lower price?

Yes, you can choose what price you pay for Spell Token using Custom Orders on Kraken. If the price of Spell Token reaches to your desired price, the order will execute automatically.

Is now a good time to buy Spell Token?

Timing the market can be tough, but dollar cost averaging can help. By setting up recurring buys, you can constantly accumulate Spell Token over time and not worry about whether or not now is the best time to buy.

What is the daily trading volume of Spell Token?

8,460,038 SPELL worth $4,247 was traded on Kraken in the last 24 hours.

What affects the Spell Token price?

A variety of factors affect the price of Spell Token including market sentiment, technical developments, user adoption and macro economic events.

How do I read the Spell Token price chart?

To read the Spell Token price chart, it can be useful to start by understanding the X-axis (which represents time) and the Y-axis (which represents the price). A line chart connects a crypto asset's closing prices with straight lines to clearly display its performance over time.

How can I analyze prices with the Spell Token chart?

Analyzing price movement using the SPELL chart can involve identifying areas of support and resistance, or using technical analysis which is the study of past price movements to forecast future trends. However, it's important to remember that no method can predict prices with 100% accuracy due to the market's volatility.

Spell Token Dollar Cost Averaging Calculator

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Kraken App QR Code

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Spell Token markets

Explore popular Spell Token trading pairs on Kraken. You can swap SPELL for cash, stablecoins or other digital assets.

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Popular markets


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Content provided herein may originate from third parties not associated with Payward Ventures, Inc. (D/B/A Kraken) or any of its subsidiaries. Kraken does not vouch for or take responsibility for such third-party content. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Any reliance on this content is at the reader’s own risk. Kraken shall not be held liable for inaccuracies or any decisions made based on this content. Kraken does not endorse nor validate the accuracy of the information provided for any specific asset. Displayed prices are merely representative and the actual values and related data may differ. The unpredictable nature of the cryptoasset markets can lead to loss of funds.