• Latest
  • Trending
This ‘Magical’ Altcoin Project Has Soared 116% This Week, Defying Bitcoin and Crypto Markets

This ‘Magical’ Altcoin Project Has Soared 116% This Week, Defying Bitcoin and Crypto Markets

September 25, 2021
EMERGENCY!!!! BITCOIN IS CRASHING DOWN!!!! BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

EMERGENCY!!!! BITCOIN IS CRASHING DOWN!!!! BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

May 27, 2022
Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why

Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why

May 27, 2022
Approaches and Strategies for 2022 By DailyCoin

Approaches and Strategies for 2022 By DailyCoin

May 27, 2022
Terra to burn 1B UST from the community pool as holders vote for it

Terra to burn 1B UST from the community pool as holders vote for it

May 27, 2022
Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis

Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis

May 27, 2022
Huobi Global co-hosts Blockchain Forum to spearhead Vietnam’s Metaverse future

Huobi Global co-hosts Blockchain Forum to spearhead Vietnam’s Metaverse future

May 27, 2022
What is Ethereum? Is it a blockchain or crypto? History, co-founders and more, find out here

What is Ethereum? Is it a blockchain or crypto? History, co-founders and more, find out here

May 27, 2022
Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s why

Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s why

May 27, 2022
Could Litecoin (LTC) and Shiba Inu (SHIB) be Outdone by Newcomer Logarithmic Finance (LOG)?

Could Litecoin (LTC) and Shiba Inu (SHIB) be Outdone by Newcomer Logarithmic Finance (LOG)?

May 27, 2022
Bird, Beast, Plant Guide & Tutorial | Axie Infinity – Blockchain NFT game

Bird, Beast, Plant Guide & Tutorial | Axie Infinity – Blockchain NFT game

May 27, 2022
Top cryptocurrencies in the UK 2022 

Top cryptocurrencies in the UK 2022 

May 27, 2022
Uvalde massacre ripples across towns along Highway 90

Uvalde massacre ripples across towns along Highway 90

May 27, 2022
OOF CRYPTO
  • Home
  • Bitcoin
  • Ethereum
  • Solana
  • Altcoins
  • Market & Analysis
  • ICO
OOF CRYPTO
No Result
View All Result

This ‘Magical’ Altcoin Project Has Soared 116% This Week, Defying Bitcoin and Crypto Markets

by oof_pj
September 25, 2021
in Altcoins
0


An altcoin powering the crypto challenge Abracadabra has merchants spellbound this week after surging by greater than 100%.

Information from CoinGecko shows the value of Spell Token (SPELL), which presently holds a market cap of about $221 million, rose from a 7-day low of $0.00197753 to a excessive of $0.00428190 this week, which represents a rise of 116%.

 

The coin has catapulted its strategy to changing into the 245 largest coin available on the market.

In the meantime, Bitcoin climbed from a 7-day low of $40,554.38 to a excessive of $48,852.87 this week, marking a rise of 20%.

Abracadabra is a lending platform that permits customers to borrow the USD-pegged stablecoin Magic Web Cash (MIM) utilizing interest-bearing tokens as collateral.

MIMs may be traded with different stablecoins together with Tether (USDT), Dai (DAI), and USD Coin (USDC).

Customers can stake SPELL to acquire sSPELL tokens that may grant them platform voting rights and a declare to charges generated by the protocol.

SPELL soared as Abracadabra introduced a partnership with the decentralized reserve forex protocol Olympus (OHM) and formally launched the sSPELL lending market.

The challenge initially launched on Ethereum and is now additionally accessible on each the Avalanche and Fantom ecosystems.

Do not Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses it’s possible you’ll incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in affiliate internet marketing.

Featured Picture: Shutterstock/Julia Ardaran and Salamahin

YOU MAY ALSO LIKE

Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why

Kyuubi Token Announces First Of Its Kind 3-1 Altcoin Contract





Source link

Tags: AltcoinBitcoinCryptoDefyingMagicalMarketsProjectSoaredWeek
ShareTweetPin

Search

No Result
View All Result

Recent News

EMERGENCY!!!! BITCOIN IS CRASHING DOWN!!!! BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

EMERGENCY!!!! BITCOIN IS CRASHING DOWN!!!! BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

May 27, 2022
Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why

Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why

May 27, 2022
Approaches and Strategies for 2022 By DailyCoin

Approaches and Strategies for 2022 By DailyCoin

May 27, 2022

Recent News

  • EMERGENCY!!!! BITCOIN IS CRASHING DOWN!!!! BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY
  • Crypto Analyst Says Altcoin Bulls Are Taking a Dangerous Gamble As Bitcoin Dominance Surges – Here’s Why
  • Approaches and Strategies for 2022 By DailyCoin

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Rippl
  • Videos

Follow Us

Find Via Tags

Altcoin Altcoins analysis Analyst Bitcoin blockchain BTC Buy Cardano Chainlink coin Crypto Cryptocurrencies Cryptocurrency DeFi Digital DOGE Dogecoin ETH Ethereum exchange Heres Inu Investors Launch launches Litecoin Market Markets metaverse news NFT NFTs Price Prices rally Ripple Ripples Shiba Solana Today token Top Trading XRP
  • Privacy & Policy
  • About Us

© 2021 oof Crypto

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Solana
  • Altcoins
  • Market & Analysis
  • ICO

© 2021 oof Crypto