Spell Token price is up over 20% today, making it the biggest gainer on Crypto.com. With a market cap of over $2 billion and a 24-hour trading volume of $171 million, Spell Token is making waves in crypto markets. Let’s look at Spell Token and see why its price is rising today. What Is Spell Token? Spell Token is the native cryptocurrency to the lending platform Abracadabra.money, describing itself as a “spell book that allows users to produce magic internet money.” According to their official website: “You, the Spellcaster, can provide collateral in the form of various interest-bearing crypto assets
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