Spell Token (SPELL) Price Prediction 2022 - 2030. Will SPELL cross $0.0019201?
The Spell Token (SPELL) is a reward token associated with abracadabra.money, which uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin named Magic Internet Money (MIM).
Abracadabra's ecosystem consists of two major tokens. One is SPELL, the platform's governance token, while the other is MIM (Magic Internet Money). Its primary function is staking, among other benefits.
According to CoinMarketCap, Spell Token (SPELL) maximum supply is 196B while its circulating supply is 102B SPELL. The most popular cryptocurrency exchanges to trade SPELL Exchange (SPELL) are Binance, OKX, Bybit, MEXC, and BingX, and others.
Spell Token (SPELL) Price Prediction 2022
After touching the lowest of the month at $0.0011864, SPELL price swung from $0.0019201 to $0.0011864. The market has bounced back at the support level and is now going sideways. Expected to be bullish in coming weeks.
In the meantime, our long-term SPELL price prediction for 2022 is bullish if it cannot break the current support level. We can expect SPELL to reach $0.0019201 in 2022.