What chain is spell token on?

Abracadabra is a multichain protocol, with Spell Token (SPELL) therefore available on Ethereum (ETH), Avalanche (AVAX), Fantom (FTM), and Arbitrum . Ethereum is one of the most popular blockchains out there and is the go-to solution for many decentralized application (DApp) developers.

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What is spell token?

Spell Token (SPELL) is a token that governs Abracadabra . money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00.

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Is spell token worth buying?

Spell token has great potential in the future and we much see this coin crossing $1 USD in the future if the market goes well. In case you are looking for safer investment in big projects consider investing in Bitcoin SV and Hashgraph. In addition to that, you have to hold your coins for longer as well.

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