Spell Token $0.001 24h -1.382%
Since its inception, SPELL saw a significant rise in the price of around 0% in return on investments or ROI. Currently, the rise in ROI for this asset is also reflected in its CoinMarketCap (CMC) rankings. Spell Token, at press time held the 388 rank by market capitalization among all the cryptocurrencies.
If you are looking for the most accurate Spell Token market forecast and price action analysis or prediction, you are in the right place. Our advanced price prediction tools let you understand better where the price of Spell Token SPELL may go in the future.
Spell Token Price Action Overview
Through our data-driven approach, we aim to simplify complex crypto concepts related to price action for everyone in the web3 space. We cover an asset’s price action from scratch assessing, predicting, and decoding price action and indicators for users.
Spell Token since its inception has been a key part of the larger web3 ecosystem. Referring to the data and metrics given below for this crypto could help anyone paint a reliable picture of its future.
Currently, Spell Token traded at $0.001 and saw a price change of -0.06714254% in the last hour.
Spell Token - Explained
Spell Token came into being on August 17, 2021, 12:00 am, after which the crypto garnered significant attention. SPELL has a maximum supply of ?. The asset’s current price is $0.001
Spell Token is a part of the Abracadabra.money platform. It was launched in May 2021 and is governed by a Snapshot page.
The Abracadabra.money platform is a defi lending platform. It allows its users to access loans in stablecoins quickly, using interest-bearing tokens as collateral.
This highlights the uniqueness of Abracadabra, considering how it offers users to enjoy value from their assets, even without spending them.
Users can deposit any range of interest-bearing tokens, including yvYFI, yvUSDT, yvUSDC, and xSUSHI. These tokens stand as collateral and can be used to mint a dollar-pegged stablecoin called MIM, or Magic Internet Money. This way, the customers can access quick loans while having stablecoins in hand and interest from their untouched crypto assets.
The Spell token or $SPELL is an integral part of this arrangement and is an ERC-20 token. It was minted on the Ethereum network and is EVM-compatible.
SPELL Token holders can participate in the governance of the Abracadabra ecosystem. They can vote for or against changes and upgrades to the entire protocol.
Moreover, the SPELL tokens are also used to incentivize users to participate in the platform’s growth. SPELL currently has around 210 billion tokens as its total supply, with 146 billion currently circulating. It has a market cap of $103 Million and is ranked the 362nd largest cryptocurrency.
Spell Token - Historical Price Data: A Look into the Past Performance
In the ever-so volatile and turbulent world of cryptocurrencies, we will be diving into Spell Token history price data looking at major highs and lows throughout the years.
Given below is a price chart of Spell Token that shows the open price, close price, high price, and low price over a certain time period. The chart aims to highlight the volatility and price change in Spell Token accurately.
Spell Token - Price Action: Key Indicators
Spell Token price action is affected by multiple factors, but there are certain metrics that help us analyze SPELL price in a clearer manner. Given below are a few fundamental indicators that provide a clearer idea of how price action can be affected based on volumes, supply, distribution, sentiment, and other metrics.
Daily Metrics (change):
Trading Volume (USD): The trading volume of SPELL was 5375836. An asset’s daily trading volume represents the number or amount of assets traded on a specific day.
Daily Active Addresses: The 116 is the number of addresses that have been part of a transaction on Spell Token in the last 24 hours. Spell Token ‘s total active address count is around 115.
Supply Distribution On Exchanges: In the last 24 hours 2708142.7962952 SPELL are currently held on exchanges. A higher supply on exchanges points towards liquidity and potential for trading activity among retailers.
Supply on exchanges can often be higher during sudden bull market or bear market situations where traders might want to buy or sell assets.
Supply Distribution Outside Exchanges: In the last 24 hours, 80628857.203705 SPELL were held outside exchanges. Supply distribution outside exchanges usually represents assets that could be held for a longer term in cold storage/wallet.
A higher supply outside exchange or a sudden increase in this supply often indicates longer-term holders strengthening their portfolios and pointing towards a long-term bullish trend for the asset.
Transaction Volume Change (1D): The transaction volume of an asset is the volume of inflow or outflow in the past 24 hours. The transaction volume of Spell Token changed by 8756.9989905114 in the last 24 hours.
Mostly, a higher transaction volume suggests more activity in the market or higher optimism among users/traders.
Number Of Transactions (24h): Spell Token number of transactions in the last 24 hours shows the daily number of transactions completed on the Spell Token network.
Generally, an increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions thereby acting positively for the native currency.
Number Of Transactions (7D): Spell Token number of transactions in the last 7 days represents the number of transactions completed on the Spell Token network in the last 7 days.
Usually, increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions, a weekly trend shows a more sustained bullish or bearish trend for the asset.
Market Cap USD Change (1D): The change in market capitalization reflects the shift in the overall valuation of Spell Token. In the last 24 hours, the market cap change was around -0.045616372639.
Total Value Locked: The total value locked or allows investors to determine the total value (usually in USD) of a particular asset locked, or staked, on its blockchain.
A higher TVL signifies a more secure and valuable network and more confidence from participants in the project. The total TVL of Spell Token currently stands at ?.
Spell Token - How to analyze price action?
Spell Token price action is often in news due to the volatile nature of cryptocurrencies. Many analysts, websites and traders constantly aim to decode crypto price action analyzing various trends, indicators and metrics.
Through the wide range of indicators and their descriptions, we will aim to better understand where this crypto’s price action can move.
Currently, Spell Token price is $0.001. The crypto had an all time low price of $1 at the moment while the all time high price of this crypto as of now was $?.
A look at the asset’s addresses in loss and profit shows us the total number of addresses in profit and their percentage as well as the total number of addresses in loss and their percentage. This also gives the idea that the break-even price is generally a price at which an investor suffers no profit or loss. The break-even price is usually the buying price of the asset
Spell Token - Price Analysis Indicators
Spell Token price forecasts and predictions in the market often rely on technical, fundamental, and on-chain analysis, a deep understanding of the crypto market, and an educated guesswork. Given below is Spell Token's future price prediction trajectory based on market analysis and estimated ROIs over the last couple of years.
Spell Token - Users and Social Sentiment Analysis
The social sentiment of an asset is key in assessing the psychology of the crowd around that crypto and the positions they hold in the market. Social sentiments indicate the ‘vibe’ of the crypto on social media platforms. It indicates the sentiment or general feeling around Spell Token at a certain time.
Active Users: The number of users currently engaging on various social media platforms for Spell Token was {social_active_users}. A higher number of active users represents more optimism in the crowds for that crypto.
Fear and Greed Index: The fear and greed index measures the sentiment in the market among holders and users. Generally, when the indicator points towards ‘fear’, it means that price action is either bearish or has undergone some sell-offs, while too much ‘greed’ reflects euphoria in the market and buying sentiment amid traders/investors. Currently, the fear and greed index for Spell Token is at 63.
Social Volume Changes (1D): The change in social volume reflects the shift in the social audience in the past 24 hours. It reflects upon the content that mentions Spell Token on different social media platforms.
The 24-hour social volume change is -0.6. If social volumes go lower it means that crowds are losing interest in the project or crypto while an increase in the same suggests heightened interest in it.
Total Positive Sentiment: The Total Positive Sentiment indicator highlights all the optimistic conversations around an asset on all social media combined. At the moment the total positive sentiment for Spell Token was around 0.
Social volume Reddit: The social volumes on Reddit signify the total number of content that mentions or talks about Spell Token on Reddit.
At the moment, Spell Token ‘s social volume on Reddit was around {social_volume_reddit}. Higher volumes on social media usually indicate more conversation around the asset or hype for that crypto on a particular platform.
Spell Token - Holders and Distribution Analysis
Number of holders: This indicator represents the number of people/organizations holding or investing in a particular crypto at the moment. In this case, the total number of entities holding Spell Token currently is about 9. A higher number of holders is usually a long-term bullish sign and indicates investors/traders' confidence in the project.
Circulation: The circulation metric reflects the number of unique coins or tokens being used during the said time period. So the one-day circulation would show the number of unique coins or tokens that were transacted during that particular day. Currently, the 1-day circulation for SPELL was 865318937.54553.
Gini Index: The Gini index assesses or measures the distribution of wealth or coins within the cryptocurrency’s ecosystem. Thus, looking at the distribution of the crypto’s holdings among addresses or users, the indicator provides an interesting insight into the concentration of wealth within the ecosystem between different cohorts. At the moment, the Gini index of Spell Token was at 0.996991084757.
Spell Token - Volatility and Returns Analysis
Age Consumed: The age consumed indicator shows the total amount of tokens changing addresses at a given time, multiplied by the time since they last moved. At the moment the total age consumed of Spell Token is around 90483313044.219. Spikes on the graph signal a large amount of tokens moving after being idle for an extended period of time.
Annual inflation rate: The annual inflation rate metric gives the percentage change in the price of an asset over a given time period vs the change in the asset over the same time a year ago. This metric gives an idea of the price change on an annual basis. The annual inflation rate of Spell Token at the time is 27.053735575043%.
A look at the historical price volatility data and major price movements of Spell Token, suggests that price can move. Spell Token has given an ROI of 0%% since its inception.
If one held SPELL one year ago to this date, they might have achieved a return of 0%%. However, with the fluctuating market landscapes, the highlighted volatility of SPELL's price hints towards an increase to N/A, by the end of 2025.
Spell Token Price Prediction
The average price of SPELL in 2025 is estimated to be around $0. On an optimistic note, Spell Token could go as high as $N/A. On the lower circuit, SPELL is not expected to go below $N/A.
Spell Token - A Technical Overview
Based on the current sentiment analysis of Spell Token we can spot that the market is currently pivoting towards Greed. Fear & Greed Index was at 63.
The price of Spell Token has changed by -0.06714254% in the last 1-hour. The change in price over the last one day or 24 hours has been -1.38229654% while the week-on-week price change of the asset is around 0%.
The 24-hour volume depicts the daily trade volumes of Spell Token which were about 6838607.7055717 currently. The change in volume since yesterday is around -35.2167. A rise in volume usually points towards more vibrant markets and higher trading among retailers, while slower market days usually see a lot fewer trade volumes.
At the moment, indicators are predicting a move towards the $0.001 price level over the next quarter. In the next six months, we can expect Spell Token to climb towards $0.001 if all goes well.
Spell Token Price Prediction Indicators
Price action indicators provide essential data and metrics used to conduct fundamental, technical, and on-chain analysis. It is pivotal to consider these indicators to forecast Spell Token’s future performance. These indicators include Spell Token's, market capitalization, current price, trading volume, circulating supply, and other indicators.
Spell Token coin/token is also often referred to as SPELL. The current price of the asset oscillated at $0 while the market capitalization stood at $90926776. Currently, the crypto ranked 388 in the overall crypto market with a fully diluted market cap $102416241.45.
Trading volume, a key characteristic of market volatility, was around $5375836 in the last 24 hours. On a more vibrant day when traders are active (due to bullish or bearish factors), we can spot more activity in the market. This can be further broken down into exchange volumes for a better understanding of market dynamics.
Further, the circulating supply and maximum supply also have a direct impact on Spell Token price, its own price prediction, and its scarcity and demand. SPELL has a fixed/no fixed supply of ? SPELL while the circulating supply stands at 162,161,593,493.60 SPELL.
Spell Token Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| June | $0.000 | $0 | $0.000 | -100.0% |
| July | $0.000 | $0 | $0.000 | -100.0% |
| August | $0.000 | $0 | $0.000 | -100.0% |
| September | $0.000 | $0 | $0.000 | -100.0% |
| October | $0.000 | $0 | $0.000 | -100.0% |
| November | $0.000 | $0 | $0.000 | -100.0% |
| December | $0.000 | $0 | $0.000 | -100.0% |
Based on technical analysis, on-chain analysis, and other variables that we monitor, the estimated high for 2025 is N/A while the estimated low for the year is N/A. SPELL is likely to be near $0 by the end of the year. SPELL price prediction for 2024 is dependent on several factors, the primary ones include price history, regulatory actions, and geo-political issues.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
Spell Token Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| June | $0.000 | $0 | $0.000 | -100.0% |
| July | $0.000 | $0 | $0.000 | -100.0% |
| August | $0.000 | $0 | $0.000 | -100.0% |
| September | $0.000 | $0 | $0.000 | -100.0% |
| October | $0.000 | $0 | $0.000 | -100.0% |
| November | $0.000 | $0 | $0.000 | -100.0% |
| December | $0.000 | $0 | $0.000 | -100.0% |
For 2025, the estimated high is N/A and the low is N/A. The average SPELL price is likely to hover around the N/A mark. Notwithstanding these estimates, SPELL price will be near $0 by the end of 2026. SPELL price prediction 2026 will depend on mid-long-term market conditions, price history, and other factors.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
Spell Token Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $0.000 | $0 | $0.000 | -100.0% |
| February | $0.000 | $0 | $0.000 | -100.0% |
| March | $0.000 | $0 | $0.000 | -100.0% |
| April | $0.000 | $0 | $0.000 | -100.0% |
| May | $0.000 | $0 | $0.000 | -100.0% |
| June | $0.000 | $0 | $0.000 | -100.0% |
| July | $0.000 | $0 | $0.000 | -100.0% |
| August | $0.000 | $0 | $0.000 | -100.0% |
| September | $0.000 | $0 | $0.000 | -100.0% |
| October | $0.000 | $0 | $0.000 | -100.0% |
| November | $0.000 | $0 | $0.000 | -100.0% |
| December | $0.000 | $0 | $0.000 | -100.0% |
Projections based on past data show that in 2026, SPELL could go as high as $0 or as low as $0.000. At the same time, the average price in 2026 is expected to be near $0.000. For (2026), SPELL price predictions will display significant influence from the broader global market, not just the US crypto market.
Spell Token Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $0.000 | $0 | $0.000 | -100.0% |
| February | $0.000 | $0 | $0.000 | -100.0% |
| March | $0.000 | $0 | $0.000 | -100.0% |
| April | $0.000 | $0 | $0.000 | -100.0% |
| May | $0.000 | $0 | $0.000 | -100.0% |
| June | $0.000 | $0 | $0.000 | -100.0% |
| July | $0.000 | $0 | $0.000 | -100.0% |
| August | $0.000 | $0 | $0.000 | -100.0% |
| September | $0.000 | $0 | $0.000 | -100.0% |
| October | $0.000 | $0 | $0.000 | -100.0% |
| November | $0.000 | $0 | $0.000 | -100.0% |
| December | $0.000 | $0 | $0.000 | -100.0% |
In 2027 SPELL could climb as high $0 or could plummet to $0.000 on the other end of the spectrum, if bears take control. We expect SPELL to flirt with the $0.000 throughout that year. SPELL price predictions for 2027 will likely be influenced by analysts’ overall mid to long-term take on market conditions.
Spell Token Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $0.000 | $0 | $0.000 | -100.0% |
| February | $0.000 | $0 | $0.000 | -100.0% |
| March | $0.000 | $0 | $0.000 | -100.0% |
| April | $0.000 | $0 | $0.000 | -100.0% |
| May | $0.000 | $0 | $0.000 | -100.0% |
| June | $0.000 | $0 | $0.000 | -100.0% |
| July | $0.000 | $0 | $0.000 | -100.0% |
| August | $0.000 | $0 | $0.000 | -100.0% |
| September | $0.000 | $0 | $0.000 | -100.0% |
| October | $0.000 | $0 | $0.000 | -100.0% |
| November | $0.000 | $0 | $0.000 | -100.0% |
| December | $0.000 | $0 | $0.000 | -100.0% |
In 2028, SPELL could rise to $0 with the average price at around $0.000. On the other hand, we expect SPELL to hit the lower price range of $0.000 if bearish tones set in. The SPELL 2028 price prediction could incorporate a long-term outlook of the crypto and traditional finance market. Note that the next US presidential elections are likely to be held in 2028 and could have a significant impact on price action.
Spell Token Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $0.000 | $0 | $0.000 | -100.0% |
| February | $0.000 | $0 | $0.000 | -100.0% |
| March | $0.000 | $0 | $0.000 | -100.0% |
| April | $0.000 | $0 | $0.000 | -100.0% |
| May | $0.000 | $0 | $0.000 | -100.0% |
| June | $0.000 | $0 | $0.000 | -100.0% |
| July | $0.000 | $0 | $0.000 | -100.0% |
| August | $0.000 | $0 | $0.000 | -100.0% |
| September | $0.000 | $0 | $0.000 | -100.0% |
| October | $0.000 | $0 | $0.000 | -100.0% |
| November | $0.000 | $0 | $0.000 | -100.0% |
| December | $0.000 | $0 | $0.000 | -100.0% |
For the year 2029, according to our prediction, SPELL could witness a high of $0. While it could also dip to a low of $0.000. The average price in 2029 is expected to hover around the $0.000 mark. SPELL’s 2029 price prediction is a long-term forecast dependent on market conditions and the aftermath of the political activity of the preceding year.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.