Current Price $ 0.002964 Price Prediction $ 0.003206 (8.14%) Fear & Greed Index Extreme Fear Sentiment Bearish Volatility - Green Days 9/29 (31%) According to our current Spell Token price prediction, the value of Spell Token will rise by 8.14% and reach $ 0.003206 spell token May 14, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing Extreme Fear.
Spell Token recorded 9/29 (31%) green days with price volatility over the last 30 days. Based on our Spell Token forecast, it's now a bad time to buy Spell Token.
Disclaimer: This is not investment advice. The information provided is for general information purposes only.
No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Spell Token Predictions Method Signal Price Target Change Execution Date Internet Buy $ 0.003827 129.10% May 9, 2023 Google Strong Buy $ 0.004627 156.08% May 9, 2023 Facebook Strong Buy $ 0.006576 221.83% May 9, 2023 Mobile Buy $ 0.003795 128.01% May 9, 2023 Comparing Spell Token against other important technological innovations and trends is one way of predicting where the Spell Token price could head over the long term.
The following table shows what the Spell Token price would be if its growth trajectory followed the growth of the internet, or large tech companies like Google and Facebook in their growth phase. Spell Token Price Forecast Based on Technical Analysis Weekly Exponential Moving Average (EMA) Period Value Action EMA 21 $ 0.006358 SELL EMA 50 $ 0.008035 SELL EMA 100 - - EMA 200 - - Spell Token Oscillators Period Value Action Average Directional Index (14) 28.13 BUY Awesome Spell token (5, 34) 0.00 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Hull Moving Average (9) 0.00 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.00 NEUTRAL MACD (12, 26) 0.00 NEUTRAL Momentum (10) 0.00 NEUTRAL RSI (14) 31.00 NEUTRAL Stochastic Fast (14) 8.31 BUY Stoch RSI (14) 47.47 NEUTRAL Ultimate Oscillator (7, 14, 28) 46.04 NEUTRAL VWMA (10) 0.00 SELL Williams Percent Range (14) -91.69 BUY Spell Token Key Price Levels Based on today's classical pivot point (P1) with the value of $ 0.002975, Spell Token has support levels of $ 0.002873, $ 0.002802, and the strongest at $ 0.002701.
Similarly, Spell Token resistance levels are at $ 0.003045, $ 0.003147, and $ 0.003217. Resistance Levels # Price Strength R1 $ 0.003045 R2 $ 0.003147 R3 $ 0.003217 Spell Token Correlation Over the past 7 days, Spell Token price was most positively correlated with the price of Cardano (ADA), Ethereum Spell token (ETC), Convex Finance (CVX), VeChain (VET) and GateToken (GT) and most negatively correlated with the price of Compound USD Coin (cUSDC), Magic Internet Money (MIM), Compound Dai (cDAI), Algorand (ALGO) and Safe (SAFE).
Safe -0.036 Spell Token price is positively correlated with the top 10 coins by marketcap with a value of 0.655, excluding Tether (USDT) and positively correlated with the top 100 coins by marketcap excluding all stablecoins with a value of 0.619. Currencies that are positively correlated with Spell Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
For currencies that are negatively correlated with Spell Token, a move in one direction for Spell Token would translate into a move in the opposite direction for the negatively correlated coin. Spell Token Price Forecast For Tomorrow and Next Week Based on The Last 30 Days Change 1H 24H 7D 1M 3M 6M YTD 1Y 3Y 5Y ALL SPELL/USD 0.53% -0.45% -6.71% -40.31% -57.48% -88.43% -86.60% - - - 114.76% SPELL/BTC 0.53% 2.01% 7.92% -23.35% -45.97% -77.11% -81.19% - - - 146.91% SPELL/ETH 0.43% 2.72% 7.94% -21.35% -47.18% -77.73% -79.68% - - - 140.66% SPELL/USDT 0.53% -0.45% -6.71% -40.31% -57.48% -88.43% -86.60% - - - 114.76% To spell token a better idea of what could happen to the Spell Token price in the future, it’s helpful to also explore Spell Token’s price history.
In the last month, the SPELL/USD pair is down. Date Open High Low Close Volume Market Cap Apr 9, 2022 $ 0.004642 $ 0.004619 $ 0.004801 $ 0.004877 $ 52.13M $ 407.49M Mar 9, 2022 $ 0.003748 spell token 0.003748 $ 0.003918 $ 0.003896 $ 24.84M $ 328.76M Feb 9, 2022 $ 0.007253 $ 0.007093 $ 0.007339 $ 0.007443 $ 75.05M $ 603.26M Jan 9, 2022 $ 0.014671 $ 0.014318 $ 0.014927 $ 0.015052 $ 56.55M $ 1.19B Dec 9, 2021 $ 0.018212 $ 0.013808 $ 0.016075 $ 0.014864 $ 149.25M $ 602.57M You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account Spell Token’s past price spell token.
Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about Spell Token. Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results.
Based on multiple technical quantitative indicators, the current forecast for Spell Token in 2022 is Bearish. This could be an indication that Spell Token is a bad buy in 2022. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Spell Token or spell token.
Spell Token is most positively correlated with Cardano (ADA), Ethereum Classic (ETC), Convex Finance (CVX), VeChain (VET) and GateToken (GT). Positive correlation means that these coins commonly trend in the same direction at the same time. Spell Token is most negatively correlated with Compound USD Coin (cUSDC), Magic Internet Money (MIM), Compound Dai (cDAI), Algorand (ALGO) and Safe (SAFE), which means that the Spell Token price typically moves in the opposite direction compared to these coins.
Spell Token traders use a variety of tools to try and determine the direction in which the SPELL market is likely to head next. These tools can roughly be divided into indicators and chart patterns.
When trying to predict spell token Spell Token price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. Spell Token Price Prediction Spell token Moving averages are among the most popular Spell Token price prediction tools.
As the name suggests, a moving average provides the average closing price for SPELL over a selected time period. For example, a 12-day simple moving average for SPELL is a sum of SPELL’s closing prices over the last 12 days which is then divided by 12. In addition to the simple moving average (SMA), traders also use the exponential moving average (EMA).
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators to identify important resistance and support levels.
If the SPELL price moves above any of these averages, it is generally seen as a bullish sign for Spell Token. Conversely, a drop below an important moving average is usually a sign of weakness in the SPELL market. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the SPELL price.
How to read Spell Token charts and predict price movements? Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Spell Token with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends.
1-hour, 4-hour and 1-day candlestick charts are among the most popular. Let’s use a 1-hour candlestick chart as an example. The chart is divided into “candles” that spell token us information about Spell Token’s price action in 1-hour chunks.
Each candlestick will display SPELL’s opening price, closing price, as well as the highest and lowest prices that Spell Token reached within the 1-hour period.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. What affects the price of Spell Token? Just like with any other asset, the price action of Spell Token is driven by supply and demand.
These dynamics can be influenced by fundamental events such as Spell Token halvings. Regulations, adoption bycompanies and governments, cryptocurrency exchange hacks, and other spell token events can also affect the price of SPELL. When trying to make a Spell Token forecast, many traders also try to monitor the activity of SPELL “whales”, which are entities and individuals that control large amounts of SPELL. Since the Spell Token market is relatively small compared to traditional markets, “whales” can single-handedly have spell token big influence on Spell Token’s price movements.
Bullish and bearish price prediction patterns Some traders try to identify candlestick patterns to try and get an edge over the competition.
Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making spell token investment decision.
After an impressive performance in 2021, SPELL started 2022 at $0.024 but has since rapidly declined and is currently trading at a lowly $0.0037 price point. For the rest of 2022, there are two massive opinions on where the SPELL token can move next.
Spell token expects the 2022 price action to worsen, with a price forecast of $0.000387 by December, while DigitalCoinPrice predicts it will get better, with a $0.00528 target.
At the same time, it is necessary to point out that the coin has a healthy optimistic community following and can maintain profitability in the future. And what is your opinion? Source https://preview.redd.it/y2vhb9zdsmx81.png?width=2400&format=png&auto=webp&s=626264233d930dead54ba4fe53b8aea5bd44d8a1 I think a few positive things have happened in the last week or so that give me great hope for spell, Dani's AMA was welcome.
He has now moved to Dubai and is drafting in legal help to stay ahead of regulations going forward. I also found his vision spell token mortgages through abra inspiring, it's a huge global market worth hundreds of trillions.
He touched upon still trying to find a way to pay back the liquidated. This IMO is not the mark of a man who is out to scam everyone, they are the words of a man who seems to care about those that lost everything and seems to be determined to stick with the projects and spell is going to be the vehicle for this as it is further along than the other projects. All in all, I'm super bullish that the future is bright.
Saver0 Pro+ Today, I’m going to share something that’s a bit of a secret among those in spell token know.
I will shed some light on the first secret today, which is the volume. The first topic for today is the volume. What you see is a chart that’s a combination of 10 minor cryptos weighted based on the volume to create a single chart for us to analyze. This is part of my basket. cornbread32 Pro Here is the same chart on a daily timeframe with RSI and targets.
Full disclosure, I took a bath in this spell token and am trying to decide if it is worth to double down and continue to own the asset.
I think I will eventually double down, and today might be a great day too. Rsi put in a new high on a new low + broke long term downtrend CryptoWhale100Billion Pro Cross the pink line great time to watch for a big runner up.
Stable resistant at the .006 this coin did a run today to the .008. Big investors locking up the coin before taking off. Great target $.03-$.10 This coin is similar to doge coin with 3x less amount of coins. Very high % of pulling to the up side. MACD is crossing, RSI did a over sold to the 16 rsi. dadada33 This is good news for the previous ceiling indicator lines being broken at .02 & .009, continuing neutral RSI to indicate a possible trend to further upside, MACD trend sentiment looking consolidating to the upside for a further breakout from previous ceilings.
Let's see if the previous ceilings (.009/.02) remain broken and can be the next bottom in the coming. Avramis Premium Hi Traders SPELLUSD (4H Timeframe) Waiting for the upward break of 0.0086 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.0058 would cancel the bullish scenario. Trade details Entry: 0.0086 Stop loss: 0.0058 Take profit 1: 0.0103 Take profit 2: 0.0130 Score: 4 Strategy: Bullish reversal Like its fiat counterpart, the crypto world is all about getting returns on your investments.
What if we told you there was a way to borrow tokens and earn interest on your collateral at the same time? Imagine you take out a bank loan on your house, but are getting paid rent for it every month. Abracadabra! Let’s learn about this new DeFi protocol and its native token, SPELL.
What Is Abracadabra? The launch of DeFi 2.0 has unfortunately seen a repeat of the inefficiencies that existed spell token its predecessor, with capital inefficiency key among them. Abracadabra Money is a lending protocol that aims to solve this problem by using interest-bearing tokens like yvWETH, yvUSDC and xSUSHI to serve as collateral to borrow Magic Internet Money, otherwise known as MIM. MIM is a stablecoin that mirrors the stability of the U.S. dollar and does what virtually every other stable coin (e.g., DAI and Tether) does.
With Abracadabra Money, cash doesn’t need to sit idly in the bank. There’s a new way to passively earn, using leverage, with close-to-zero risk involved. What Is the Spell Token (SPELL)? The Abracadabra protocol has two major tokens working in its ecosystem. The first is SPELL, the governance token of the platform, and the other is MIM (Magic Internet Money). Among other benefits, the primary function of the Spell Token is staking.
Like most other tokens using the Ethereum platform, SPELL can be staked to gain various benefits. Two of them are: Governance: Since the Abracadabra protocol is truly decentralized, the number of Spell Tokens you have will determine how much weight your opinion has in changing features such as liquidation fees, collateral and total value locked ( TVL).
Passive Income: When Spell Tokens are staked, users earn a percentage of trading fees from the platform. These fees are interest that’s earned primarily from users borrowing MIM.
75% of the fee goes to token holders; 20% is allocated to the governance treasury, which aids liquidity pools; and the last 5% is kept in a multisig treasury that helps mitigate risks when market conditions worsen. How Does Abracadabra Work? Abracadabra Money uses a technique which is different from that of most protocols to provide lending services to traders.
Called “isolated lending market,” the technique was first used with Kashi, a SushiSwap-owned lending platform. By using isolated lending, Abracadabra can spell token leverage the use of interest-bearing tokens and eventually allow users to produce Magic Internet Money.
There are a few steps involved in this process: Step 1 — Users need to deposit collateral (first USDT into yEarn, then collateralization of yvUSDT) on Abracadabra. Step 2 — Abracadabra allocates a debt allocation, with interest, to the borrower. Step 3 — After that, MIM tokens are deposited into the borrower’s wallet at the borrower’s chosen level of leverage.
Step 4 — Users take their MIM wherever they like. They can swap it spell token USDT, withdraw it or repeat the process of depositing in yEarn to get yvUSDT and more MIM. The question now is, how can you get your collateral back? The spell token is that after you repay your debt with the accrued interest, you’ll be able to withdraw your collateral. The Magic Internet Money Token (MIM) An integral part of the protocol, the MIM token is a dollar-pegged stablecoin that’s supported by ibTKNs.
MIM tokens are Ethereum-based and minted by Ethereum multisig holders. The good thing about stablecoins is that they’re not injected into circulation until they’ve been collateralized.
There are persuasive (though unverified) claims that future improvements will include a bridge to other blockchains. The amount of MIM you get as a loan depends primarily on two factors: 1. The collateral you’ve put down in USDT. 2. The loan-to-value ratio. To help you understand how Abracadabra Money works, let’s run through a hypothetical scenario. Lukas is an average crypto trader who got lucky with an ETH airdrop, and now has $100,000 USDT to his name. Since he has some knowledge of yEarn, he decides to stake his newly found wealth to earn returns, and uses the USDT V2 yVault for this.
Now, Lukas has approximately $100,000 worth of yvUSDT, an amount that will grow, thanks to loan fees. Lukas then decides to start a business and wants to adopt a low- or no-risk approach with his money.
Spell token can he do this? Well, if you suggest that he convert yvUSDT to USDT, then USDT to cash to fund the business … you’re on the right track.
However, he can also choose to deposit his yvUSDT into Abracadabra. Let’s assume he mints 60% of his tokens: then, he’ll be given 60,000 MIM. He’ll pay interest of 0.8% on the loan, but his initial capital is still on spell token, yielding returns. SPELL Tokenomics The figures below are accurate as of this writing.
SPELL Token • Name & Ticker: Spell Token (SPELL) • Token Standard: ERC20 • Token Type: Governance • Maximum Supply: 420 billion SPELL • Circulating Supply: 70 billion SPELL • 24h Trading Volume: ~290 million SPELL • Contract Address: 0x090185f2135308BaD17527004364eBcC2D37e5F6 MIM Token • Name & Ticker: Magic Internet Money (MIM) • Token Standard: ERC20 • Token Type: Utility • Maximum Supply: Unlimited • Circulating Supply: 1.6 billion MIM • 24h Trading Volume: ~280 million MIM • Contract address: 0x99d8a9c45b2eca8864373a26d1459e3dff1e17f3 Pros and Cons of Abracadabra Let’s take a look at some strengths and demerits of Abracadabra.
Pros • Few protocols allow you to borrow tokens and still earn interest on your collateral, and Abracadabra is one of them. • With isolated risk markets, you can calculate the risks you want to undertake in order to maximize returns. Cons • The risk of liquidation is high because the collateral value can drop below the point where your loans are covered. • The Abracadabra protocol is decentralized; hence, it uses smart contracts, which can be vulnerable to bugs and data leaks.
Is Abracadabra (SPELL) a Good Investment? We’ve yet to fully grasp the complexities of DeFi 1.0, but improvements being made to it give us a great preview of DeFi 2.0. One noteworthy feature DeFi 2.0 brings to the table is capital efficiency, and Abracadabra Money has been amazing in this regard.
What the market is saying about Abracadabra Money will help us gauge its relevance. In just two months, the TVL of Abracadabra Money has increased by 354%, from $1.07 billion to $4.86 billion.
This stems from the effective work model of the platform and from investors’ generally warm reception to it. We strongly believe the real bull run has not yet begun for this crypto. As the project migrates into multichain, spell token room for growth will be created. To dive deeper, MIM is actually a decentralized stable coin. So far, we’ve not seen many truly decentralized stablecoins — only names such as DAI (MakerDAO) and UST (Terra) are well-known in the market. With the recent collaboration between MIM and UST, however, decentralized stablecoins could well be the catalyst for the next trend.
Over time, centralized stablecoins (full-reserve stablecoins) such as USDT and USDC have revealed their legal shortcomings, paving the way for decentralized stablecoins such as MIM to grow and possibly outperform them eventually. MIM is one of the stablecoins that could help achieve this vision.
How to Buy SPELL Tokens You can buy SPELL & MIM on the crypto spot market, on a few notable exchanges like Bybit. Since Abracadabra is an Ethereum-based protocol, you can buy it with Ether (ETH) or any ERC token. However, you’ll need to use a decentralized exchange like SushiSwap or Uniswap to initiate the swap. Afterward, you can store SPELL in a secure hot or cold wallet. Sign up to trade SPELL/USDT now The Bottom Line After reading through this helpful information about Abracadabra Money, the SPELL token and Magic Internet Money stable coin, we believe you’ll be well-informed about the Abracadabra protocol and know how to leverage its capital efficiency to acquire significant gains.
Traditional finance doesn’t offer half of what DeFi 2.0 does. Legal problems with Tether and other centralized/traditional stable coin projects make Abracadabra Money and its tokens viable.
While we’re no Merlin, it’s safe to presume that this is a project you’ll be interested in following. To err on the side of caution, please do your own research before making your purchase.
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News • Canadian News • World News • Coronavirus News • Instant News Alerts • All Headlines • About • Users, the Spellcasters, can provide collateral in the form of various interesting bearing crypto assets such as yvYFI, yvUSDT, yvUSDC, xSUSHI and more. With this, users can mint and borrow magic internet money (MIM) which is a stable coin that can be swapped for any other traditional stable coin.
(Description provided by CryptoCompare) It is spell token possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Spell Token. Spell Token produces its own wallet software that is available for download on its website, which allows you to store Spell Token on your computer.
For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits. Spell Token (SPELL) Search Trends There is a correlation between price appreciation and public interest in cryptocurrencies, such as Spell Token.
Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Spell Token Coin" over the last 90 days. Spell Token (SPELL) Website Traffic Spell Token (SPELL) Social Media Trends 30 Days of MarketBeat Spell token Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: • Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks.
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About Spell Token SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00.
SPELL can be staked to earn sSPELL, which grants governance rights and other rewards. Spell Token is on the decline this spell token. The price of Spell Token has fallen by 6.76% in the past 7 days. The price declined by 0.84% in the last 24 hours. In just the past hour, the price grew by 1.19%.
The current price is RUB 0.20424 per SPELL. Spell Token is 96.30% below the all time high of RUB 5.52. The current circulating supply is 88,853,899,319.614 SPELL.
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• What is crypto? • What is a blockchain? • How to set up a crypto wallet • How to send crypto • TaxesSpell Token Price Prediction for 2022, 2023-2026 At CryptoPredictions we provide daily, monthly and yearly predictions for Spell Token and other cryptocurrencies. While we provide one of the most accurate predictions for SPELL on the market, they should never be taken as financial advice. Always do your due diligence before investing.
Spell Token Price Prediction for May 2022 Spell Token started in May 2022 at $0.003031471904313 and is predicted to finish the month at $0.003528561649976. During May, the maximum forecasted SPELL price is $0.005232984645563 and the minimum price is $0.003558429558983. Spell Token Price Prediction for June 2022 Spell Token is predicted to start in June 2022 at $0.003493409501124 and finish the month at $0.004203198172321. During June, the maximum forecasted SPELL price is $0.004366761876405 and the minimum price is $0.002969398075956.
Spell Token Price Prediction for July 2022 Spell Token is predicted to start in July 2022 at $0.004203198172321 and finish the month at $0.004937444721594. During July, the maximum forecasted SPELL price is $0.005253997715401 and the minimum price is $0.003572718446473.
Spell Token Price Prediction for the week Month Minimum price Maximum price Average price Change May 2022 $0.003558429558983 $0.005232984645563 $0.004186387716451 40.00% June 2022 $0.002969398075956 $0.004366761876405 $0.003493409501124 16.00% July 2022 $0.003572718446473 $0.005253997715401 $0.004203198172321 40.00% August 2022 $0.004214813644227 $0.006198255359157 $0.004958604287326 65.00% September 2022 $0.004712624865406 $0.006930330684421 $0.005544264547537 85.00% October 2022 $0.0051135130718 $0.007519872164411 $0.006015897731529 101.00% November 2022 $0.005471874610298 $0.008046874426909 $0.006437499541528 115.00% December 2022 $0.005778249043001 $0.008497425063236 $0.006797940050589 127.00% Spell Token Price Prediction for 2023 Month Minimum price Maximum price Average price Change January 2023 $0.006063088659071 $0.008916306851574 $0.00713304548126 138.00% February 2023 $0.006322150282331 $0.009297279826957 $0.007437823861565 148.00% March 2023 $0.006537882912623 $0.009614533695034 $0.007691626956028 157.00% April 2023 $0.006759430240177 $0.009940338588496 $0.007952270870797 165.00% May 2023 $0.006959539267745 $0.010234616570212 $0.00818769325617 173.00% June 2023 $0.007153289331638 $0.010519543134762 $0.00841563450781 181.00% July 2023 spell token $0.010779045173253 $0.008623236138602 188.00% August 2023 $0.007502025188984 $0.011032389983799 $0.00882591198704 195.00% September 2023 $0.007665189314476 $0.01127233722717 $0.009017869781736 201.00% October 2023 $0.00781531292068 $0.011493107236294 $0.009194485789036 207.00% November 2023 $0.007963383299142 $0.011710857792855 $0.009368686234284 213.00% December 2023 $0.008100106829854 $0.011911921808608 $0.009529537446886 218.00% Spell Token Price Prediction for 2024 Month Minimum price Maximum price Average price Change January 2024 $0.008235382296959 $0.012110856319057 $0.009688685055245 224.00% February 2024 $0.008365066566185 $0.012301568479684 $0.009841254783747 229.00% March 2024 $0.008481725120981 $0.012473125177914 $0.009978500142331 233.00% April 2024 $0.008601669971852 $0.012649514664489 $0.010119611731591 238.00% May 2024 $0.008713705693955 $0.012814273079345 $0.010251418463476 242.00% June 2024 $0.008825445646879 $0.012978596539528 $0.010382877231622 247.00% July 2024 $0.008167051120136 $0.012010369294318 $0.009608295435454 221.00% August 2024 $0.008271614675478 $0.012164139228644 $0.009731311382915 225.00% September spell token $0.00837282978496 $0.012312984977882 $0.009850387982306 229.00% October 2024 $0.008467789667677 $0.012452631864231 $0.009962105491385 233.00% Spell token 2024 $0.008563136717107 $0.012592848113392 $0.010074278490714 236.00% December 2024 $0.008652633932489 $0.012724461665424 $0.01017956933234 240.00% Spell Token Price Prediction for 2025 Month Minimum price Maximum price Average price Change January 2025 $0.008742532358425 $0.012856665232978 $0.010285332186382 243.00% February 2025 $0.00882995039315 $0.012985221166398 $0.010388176933118 247.00% March 2025 $0.008906888068365 $0.013098364806419 $0.010478691845135 250.00% April 2025 $0.008989835537489 $0.013220346378661 $0.010576277102928 253.00% May 2025 $0.009068196116166 $0.013335582523773 $0.010668466019018 256.00% June 2025 $0.009147183682377 $0.013451740709377 $0.010761392567502 259.00% July 2025 $0.009221793642074 $0.013561461238343 $0.010849168990675 262.00% August 2025 $0.009297088682244 $0.013672189238594 $0.010937751390876 265.00% September 2025 $0.009370636119347 $0.013780347234333 $0.011024277787467 268.00% October 2025 $0.009440221552697 $0.013882678753967 spell token 271.00% November 2025 $0.009510649310454 $0.013986248985962 $0.01118899918877 274.00% December 2025 $0.009577257067364 $0.014084201569653 $0.011267361255723 276.00% Spell Token Price Prediction for 2026 Month Minimum price Maximum price Average price Change January 2026 $0.00964464385998 $0.014183299794088 $0.01134663983527 279.00% February 2026 $0.00971062578179 $0.014280332032044 $0.011424265625635 282.00% March 2026 $0.009769062269791 $0.014366268043811 $0.011493014435049 284.00% April 2026 $0.009832440403209 $0.014459471181189 $0.011567576944951 286.00% May 2026 $0.009892667875821 $0.014548040993854 $0.011638432795083 289.00% June 2026 $0.009953720185877 $0.01463782380276 $0.011710259042208 291.00% July 2026 $0.010011700494332 $0.014723088962252 $0.011778471169802 293.00% August 2026 $0.010070515646673 $0.014809581833343 $0.011847665466674 296.00% September 2026 $0.010128254853808 $0.014894492432071 $0.011915593945656 298.00% October 2026 $0.010183143032883 $0.014975210342475 $0.01198016827398 300.00% November 2026 $0.010238948870222 $0.015057277750327 $0.012045822200261 302.00% December 2026 $0.010291959043021 $0.015135233886796 $0.012108187109437 304.00% Spell Token Price Forecasts - FAQ What is Spell Token price prediction for 2022?
Spell Token is forecasted to hit $0.006797940050589 by the end of 2022. The expected average SPELL price for 2022 is $0.005204650193551, which is a 127.94% increase in value from the current price.
The maximum predicted price for 2022 is $0.008497425063236 which is forecasted to be reached in December 2022. What will the Spell Token price be tomorrow? Our prediction system forecasts that the Spell Token price will stay tomorrow between $0.00282416834 - $0.00315607166. Spell Token is predicted to start tomorrow at $0.004063234921278 and end the day at $0.004028040162931.
How much will Spell Token be worth in the future? Spell Token is forecasted spell token be worth on average $0.00713304548126 by the beginning of 2023 (January).
In the years that follow - 2024, 2025, 2026 the SPELL price is predicted to be in January worth on average $0.009688685055245, $0.010285332186382, $0.01134663983527, respectively. What will Spell Token be worth next month (June 2022)? The expected average SPELL price spell token June 2022 is $0.003493409501124, which is a 16,83% increase in value from the current price.
The minimum predicted price of Spell Token for this time period is $0.002969398075956 and the maximum price is $0.004366761876405. About us CryptoPredictions.com is a trusted brand providing one of the most accurate cryptocurrency price predictions on the market.
We aspire to operate on a global scale and offer our predictions in 8 languages and 33 currencies between which you can easily swap at any time. We present to you comprehensive short term as well as long term predictions for over 15 000 crypto assets.
The current prices, historical prices and other market data that help us make our predictions to what they are today are provided by the world’s largest independent source of reliable cryptocurrency data, CoinGecko.
Thank you. Disclaimer & Disclosure The information contained on this Website is provided for general informational purposes only.
We do not give investment spell token. All predictions on the website represent spell token possible price development of cryptocurrencies, but they are just predictions, not trading signals or any recommendations.
We don’t own a crystal ball that would allow us to see the future. Any trading or other financial decision spell token make shall be at your full responsibility, and you must not rely on any information provided through the website, spell token bear no responsibility for any trading losses you might incur as a result of using any information contained on the website.
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Spell Token Price Today Spell Token Price $0.002980187618 Market Cap $265,362,854 Market Cap Dominance 0.02% Trading Volume $20,623,687 Volume / Market Cap 0.0778 24h Low / 24h High $0.002921374404 / $0.003057674069 7d Low / 7d High $0.002926405382 / $0.003531411074 Market Cap Rank #199 All-Time High $0.035063565831 -91.5% Nov 02, 2021 (6 months) All-Time Low $0.000298124320 900.4% Aug 05, 2021 (9 months) SPELL Price Today Spell Token price today is $0.002976907460 with a 24-hour trading volume of $20,601,291.
SPELL price is down -0.6% in the last 24 hours. It has a circulating supply of 89 Billion SPELL coins and a total supply of 196 Billion. If you are looking to buy or sell Spell Token, BtcTurk PRO is currently the most active exchange. What was the highest price for Spell Token? Spell Token hit an all time high of $0.035063565831 on Nov 02, 2021 (6 months). What was the lowest price for Spell Token? Spell Token had an all time low of $0.000298124320 on Aug 05, 2021 (9 months).
What was the 24 hour trading volume of Spell Token? The 24 hour trading volume of Spell Token is $20,601,291. Where can Spell Token be traded?
You can trade Spell Token on BtcTurk PRO, Coinbase Exchange, and WOO Network. IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other spell token (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness.
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SPELL Price Live Data The live Spell Token price today is $0.002968 USD with a 24-hour trading volume spell token $23,857,617 USD. We update our SPELL to USD price in real-time. Spell Token is down 0.75% in the last 24 hours. The current CoinMarketCap ranking is #152, with a live market cap of $263,715,224 USD.
It has a circulating supply of 88,853,899,320 SPELL coins and a max. supply of 196,008,739,620 SPELL coins. If you would like to know where to buy Spell Token at the current rate, the top cryptocurrency exchanges for trading in Spell Token stock are currently Binance, OKX, MEXC, Bybit, and DigiFinex.
You can find others listed on our crypto exchanges page. What Is Spell Token (SPELL)? Spell Token (SPELL) is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral spell token decide to use.
Users can deposit collateral and borrow MIM against it. Abracadabra also offers yield farming opportunities, where users can stake their liquidity provider (LP) tokens to farm SPELL. This facilitates better liquidity for certain cryptocurrency pairs, currently Ether (ETH)-Spell Token (SPELL) and Magic Internet Money (MIM)- LP 3pool Curve (3CRV).
Spell token, users can also open leveraged farming positions using borrowed MIM from their interest-bearing collateral. Who Are the Founders of Spell Token? Abracadabra is not an official decentralized autonomous organization (DAO) but is instead governed through a Snapshot page.
MIM are minted through a 6/10 multisignature contract composed of the following partially pseudonymous users: • Poolpi – yearn.finance (YFI) • Leo Cheng – Cream Finance (CREAM) • Michael – Curve DAO Token (CRV) • Julien – Stake DAO (SDT) • C2tp – Convex Finance (CVX) • Sifu – Wonderland (TIME) • Georgiy – Abracadabra and Popsicle Finance (ICE) • 0xmerlin – Abracadabra • Danielesesta – Abracadabra, TIME and ICE • Squirrel – Abracadabra and ICE What Makes Spell Token Unique?
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. In an isolated lending market, the risk is not shared collectively.
Users can provide liquidity for any token and if the currency pair loses its liquidity or something happens to the smart contract, only that pair is affected and not the entire platform. This allows Abracadabra to offer various pairs that are not supported by most other decentralized exchanges (DEXs).
One of the features spell token using this technology is that users can leverage their interest-bearing token positions. Users borrow against their positions and then again borrow against the borrowed stablecoin, creating several loops and thereby increasing their leverage.
All of this is spell token in one transaction, which is why the user only pays a gas fee once. Spell Token (SPELL) can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and spell token tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound. Related Pages: Check out Dai (DAI) — a crypto asset-backed stablecoin. Check out Tether (USDT) — a popular stablecoin pegged to USD.
Read our in-depth article about mining Ether (ETH). Get the latest crypto news and latest trading insights via the CoinMarketCap blog. How Many Spell Token (SPELL) Coins Are There in Circulation? The total supply of Spell Token (SPELL) is 210 billion, with 210 billion having been burned after token generation. The token distribution is as follows: • 63% (132.3B SPELL): global farming incentives • 30% (63.0B SPELL): team allocation (4 year vesting schedule) • 7% (14.7B SPELL): initial DEX offering 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. Each week, 624 million SPELL are emitted.
SPELL is also used as a governance token, with users having voting power according to how much they have staked. How Is the Spell Token Network Secured? Abracadabra is a multichain protocol, with Spell Token (SPELL) therefore available on Ethereum (ETH), Avalanche (AVAX), Fantom (FTM), and Arbitrum. Ethereum is one of the most popular blockchains out there and is the go-to solution for many decentralized application (DApp) developers.
A set of nodes validate transactions and secure the Ethereum blockchain, and the network spell token in the process of transitioning from using a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS).
Unlike PoS or PoS, Avalanche uses a directed acyclic graph ( DAG) protocol, in which all nodes process and validate transactions. Fantom uses its own proprietary consensus mechanism, which allows both for higher capacity and two-second transaction finalization, alongside security improvements.
Arbitrum is a layer two scaling solution for Ethereum that uses optimistic rollups to achieve faster transaction times and near-zero gas fees. Can Spell Token Hit $1? Although Spell Token (SPELL) has been in a continuous uptrend and has an impressive market capitalization of almost 2 billion dollars, it is unlikely that it will ever hit $1, due to its enormous total supply.
If the community decided to burn more SPELL from the total supply and if Abracadabra integrated with more protocols, SPELL could continue its uptrend in the future and reach new all-time highs.
Where Can Spell token Buy Spell Token (SPELL)?
Spell Token (SPELL) is available on FTX, SushiSwap and Spell token. Here are some other articles that you may be interested in: • What Is a Crypto Faucet? • What Are Crypto Debit Cards? • What Is Web 3.0? • What Is Yield Farming? • What Is Crypto Lending? • What Is the Metaverse?
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