Spell Token (SPELL)
ABRACADABRA.MONEY is a spell book that allows users to produce magic internet money. You, the Spellcaster, can provide collateral in the form of various interest bearing crypto assets such as yvYFI, yvUSDT, yvUSDC, xSUSHI and more. With this, you can borrow magic internet money (MIM) which is a stable coin that you can swap for any other traditional stable coin.
1. SPELL Basic Info
| Symbol | SPELL |
| Name | Spell Token |
| Web Site | https://abracadabra.money |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 210000000000 |
| Available Supply | 158250000000 |
| Market Cap | 91563450 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 210000000000 |
| Release Date | 2021-09-02 |
2. SPELL Technical Info
2.1 SPELL Kline Chart Price
2.2 SPELL Technical Analysis
Short-term: Expect a period of consolidation and sideways movement within a narrow range, potentially testing the support level around 0.00057. The volume suggests decreasing selling pressure.
Mid-term: The price may experience a slight upward trend, aiming for a target around 0.00060 to 0.00061. There is potential for a breakout if bullish momentum strengthens.
Long-term: The overall trend remains cautiously bearish, though the recent consolidation might signal a temporary stabilization. Further analysis is needed to confirm any sustainable upward movement. The resistance level is around 0.00065.
