• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
24 July Thursday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $117,358.34 ↓ -1.45%
Ethereum Ethereum (ETH) $3,682.39 ↑ 0.87%
XRP XRP (XRP) $3.14 ↓ -2.79%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $768.86 ↓ -1.89%
Solana Solana (SOL) $182.82 ↓ -4.59%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -6.45%
TRON TRON (TRX) $0.31 ↑ 1.23%
Cardano Cardano (ADA) $0.81 ↓ -1.86%
Hyperliquid Hyperliquid (HYPE) $42.22 ↓ -4.25%
Stellar Stellar (XLM) $0.42 ↓ -2.80%
Sui Sui (SUI) $3.70 ↓ -2.12%
Chainlink Chainlink (LINK) $17.77 ↓ -3.60%
Bitcoin Cash Bitcoin Cash (BCH) $523.90 ↑ 0.14%
Hedera Hedera (HBAR) $0.24 ↓ -3.50%
Avalanche Avalanche (AVAX) $23.58 ↓ -2.53%
Litecoin Litecoin (LTC) $111.45 ↓ -2.49%
UNUS SED LEO UNUS SED LEO (LEO) $8.99 ↑ 0.17%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -3.66%
Toncoin Toncoin (TON) $3.12 ↓ -3.51%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Polkadot Polkadot (DOT) $4.00 ↓ -4.46%
Uniswap Uniswap (UNI) $10.06 ↓ -2.93%
Monero Monero (XMR) $332.53 ↑ 4.85%
Dai Dai (DAI) $1.00 ↓ 0.00%
Bitget Token Bitget Token (BGB) $4.55 ↓ -3.63%
Pepe Pepe (PEPE) $0.00 ↓ -6.03%
Aave Aave (AAVE) $287.89 ↓ -1.77%
Cronos Cronos (CRO) $0.13 ↑ 6.35%
Bittensor Bittensor (TAO) $417.17 ↓ -3.85%
Pi Pi (PI) $0.44 ↓ -1.57%
Ethereum Classic Ethereum Classic (ETC) $22.27 ↓ -3.87%
NEAR Protocol NEAR Protocol (NEAR) $2.71 ↓ -3.28%
Ondo Ondo (ONDO) $1.01 ↓ -2.89%
Ethena Ethena (ENA) $0.48 ↑ 1.96%
Aptos Aptos (APT) $4.68 ↓ -3.82%
Internet Computer Internet Computer (ICP) $5.48 ↓ -2.97%
OKB OKB (OKB) $47.78 ↓ -2.11%
Bonk Bonk (BONK) $0.00 ↓ -7.19%
Kaspa Kaspa (KAS) $0.10 ↓ -7.39%
Mantle Mantle (MNT) $0.75 ↓ -5.81%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -1.72%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -10.95%
Algorand Algorand (ALGO) $0.26 ↓ -3.66%
Arbitrum Arbitrum (ARB) $0.43 ↓ -2.72%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.02%
GateToken GateToken (GT) $17.47 ↓ -0.66%
VeChain VeChain (VET) $0.02 ↓ -3.22%
Render Render (RENDER) $4.05 ↓ -3.73%
Worldcoin Worldcoin (WLD) $1.13 ↓ -5.63%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.99 ↓ -2.26%
Sei Sei (SEI) $0.32 ↓ -4.16%
Cosmos Cosmos (ATOM) $4.63 ↓ -2.50%
Sky Sky (SKY) $0.08 ↓ -1.60%
Filecoin Filecoin (FIL) $2.58 ↓ -3.20%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ -4.17%
Jupiter Jupiter (JUP) $0.54 ↓ -8.37%
Flare Flare (FLR) $0.02 ↓ -0.16%
SPX6900 SPX6900 (SPX) $1.71 ↓ -11.57%
KuCoin Token KuCoin Token (KCS) $12.05 ↓ -0.85%
Story Story (IP) $5.11 ↓ -6.22%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.06%
Quant Quant (QNT) $118.97 ↓ -2.69%
XDC Network XDC Network (XDC) $0.08 ↓ -4.59%
Injective Injective (INJ) $13.50 ↓ -3.55%
Celestia Celestia (TIA) $1.85 ↓ -4.76%
Fartcoin Fartcoin (FARTCOIN) $1.33 ↓ -13.41%
Curve DAO Token Curve DAO Token (CRV) $0.97 ↑ 2.10%
Four Four (FORM) $3.33 ↓ -5.23%
Stacks Stacks (STX) $0.78 ↓ -4.18%
Optimism Optimism (OP) $0.69 ↓ -2.07%
FLOKI FLOKI (FLOKI) $0.00 ↓ -9.11%
Immutable Immutable (IMX) $0.55 ↓ -5.22%
dogwifhat dogwifhat (WIF) $1.03 ↓ -12.38%
Ethereum Name Service Ethereum Name Service (ENS) $27.94 ↓ -1.71%
The Graph The Graph (GRT) $0.10 ↓ -2.85%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.54 ↓ -9.47%
Kaia Kaia (KAIA) $0.16 ↓ -2.47%
Lido DAO Lido DAO (LDO) $1.07 ↓ -3.23%
PAX Gold PAX Gold (PAXG) $3,376.88 ↓ -0.49%
Sonic Sonic (S) $0.33 ↓ -6.36%
PancakeSwap PancakeSwap (CAKE) $2.64 ↓ -3.88%
Conflux Conflux (CFX) $0.18 ↑ 4.29%
Tezos Tezos (XTZ) $0.86 ↓ -3.50%
Vaulta Vaulta (A) $0.57 ↓ -5.32%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -21.71%
Theta Network Theta Network (THETA) $0.86 ↓ -5.53%
Nexo Nexo (NEXO) $1.31 ↓ -0.93%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.02%
Tether Gold Tether Gold (XAUt) $3,371.13 ↓ -0.49%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -5.19%
Raydium Raydium (RAY) $2.95 ↓ -8.07%
IOTA IOTA (IOTA) $0.20 ↓ -4.73%
Gala Gala (GALA) $0.02 ↓ -4.63%
The Sandbox The Sandbox (SAND) $0.30 ↓ -2.63%
Aerodrome Finance Aerodrome Finance (AERO) $0.89 ↓ -2.52%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -5.97%
Jito Jito (JTO) $1.98 ↓ -4.87%
Pendle Pendle (PENDLE) $4.24 ↓ -4.37%
Bitcoin Bitcoin (BTC) $117,358.34 ↓ -1.45%
Ethereum Ethereum (ETH) $3,682.39 ↑ 0.87%
XRP XRP (XRP) $3.14 ↓ -2.79%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $768.86 ↓ -1.89%
Solana Solana (SOL) $182.82 ↓ -4.59%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -6.45%
TRON TRON (TRX) $0.31 ↑ 1.23%
Cardano Cardano (ADA) $0.81 ↓ -1.86%
Hyperliquid Hyperliquid (HYPE) $42.22 ↓ -4.25%
Stellar Stellar (XLM) $0.42 ↓ -2.80%
Sui Sui (SUI) $3.70 ↓ -2.12%
Chainlink Chainlink (LINK) $17.77 ↓ -3.60%
Bitcoin Cash Bitcoin Cash (BCH) $523.90 ↑ 0.14%
Hedera Hedera (HBAR) $0.24 ↓ -3.50%
Avalanche Avalanche (AVAX) $23.58 ↓ -2.53%
Litecoin Litecoin (LTC) $111.45 ↓ -2.49%
UNUS SED LEO UNUS SED LEO (LEO) $8.99 ↑ 0.17%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -3.66%
Toncoin Toncoin (TON) $3.12 ↓ -3.51%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Polkadot Polkadot (DOT) $4.00 ↓ -4.46%
Uniswap Uniswap (UNI) $10.06 ↓ -2.93%
Monero Monero (XMR) $332.53 ↑ 4.85%
Dai Dai (DAI) $1.00 ↓ 0.00%
Bitget Token Bitget Token (BGB) $4.55 ↓ -3.63%
Pepe Pepe (PEPE) $0.00 ↓ -6.03%
Aave Aave (AAVE) $287.89 ↓ -1.77%
Cronos Cronos (CRO) $0.13 ↑ 6.35%
Bittensor Bittensor (TAO) $417.17 ↓ -3.85%
Pi Pi (PI) $0.44 ↓ -1.57%
Ethereum Classic Ethereum Classic (ETC) $22.27 ↓ -3.87%
NEAR Protocol NEAR Protocol (NEAR) $2.71 ↓ -3.28%
Ondo Ondo (ONDO) $1.01 ↓ -2.89%
Ethena Ethena (ENA) $0.48 ↑ 1.96%
Aptos Aptos (APT) $4.68 ↓ -3.82%
Internet Computer Internet Computer (ICP) $5.48 ↓ -2.97%
OKB OKB (OKB) $47.78 ↓ -2.11%
Bonk Bonk (BONK) $0.00 ↓ -7.19%
Kaspa Kaspa (KAS) $0.10 ↓ -7.39%
Mantle Mantle (MNT) $0.75 ↓ -5.81%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -1.72%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -10.95%
Algorand Algorand (ALGO) $0.26 ↓ -3.66%
Arbitrum Arbitrum (ARB) $0.43 ↓ -2.72%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.02%
GateToken GateToken (GT) $17.47 ↓ -0.66%
VeChain VeChain (VET) $0.02 ↓ -3.22%
Render Render (RENDER) $4.05 ↓ -3.73%
Worldcoin Worldcoin (WLD) $1.13 ↓ -5.63%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.99 ↓ -2.26%
Sei Sei (SEI) $0.32 ↓ -4.16%
Cosmos Cosmos (ATOM) $4.63 ↓ -2.50%
Sky Sky (SKY) $0.08 ↓ -1.60%
Filecoin Filecoin (FIL) $2.58 ↓ -3.20%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ -4.17%
Jupiter Jupiter (JUP) $0.54 ↓ -8.37%
Flare Flare (FLR) $0.02 ↓ -0.16%
SPX6900 SPX6900 (SPX) $1.71 ↓ -11.57%
KuCoin Token KuCoin Token (KCS) $12.05 ↓ -0.85%
Story Story (IP) $5.11 ↓ -6.22%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.06%
Quant Quant (QNT) $118.97 ↓ -2.69%
XDC Network XDC Network (XDC) $0.08 ↓ -4.59%
Injective Injective (INJ) $13.50 ↓ -3.55%
Celestia Celestia (TIA) $1.85 ↓ -4.76%
Fartcoin Fartcoin (FARTCOIN) $1.33 ↓ -13.41%
Curve DAO Token Curve DAO Token (CRV) $0.97 ↑ 2.10%
Four Four (FORM) $3.33 ↓ -5.23%
Stacks Stacks (STX) $0.78 ↓ -4.18%
Optimism Optimism (OP) $0.69 ↓ -2.07%
FLOKI FLOKI (FLOKI) $0.00 ↓ -9.11%
Immutable Immutable (IMX) $0.55 ↓ -5.22%
dogwifhat dogwifhat (WIF) $1.03 ↓ -12.38%
Ethereum Name Service Ethereum Name Service (ENS) $27.94 ↓ -1.71%
The Graph The Graph (GRT) $0.10 ↓ -2.85%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.54 ↓ -9.47%
Kaia Kaia (KAIA) $0.16 ↓ -2.47%
Lido DAO Lido DAO (LDO) $1.07 ↓ -3.23%
PAX Gold PAX Gold (PAXG) $3,376.88 ↓ -0.49%
Sonic Sonic (S) $0.33 ↓ -6.36%
PancakeSwap PancakeSwap (CAKE) $2.64 ↓ -3.88%
Conflux Conflux (CFX) $0.18 ↑ 4.29%
Tezos Tezos (XTZ) $0.86 ↓ -3.50%
Vaulta Vaulta (A) $0.57 ↓ -5.32%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -21.71%
Theta Network Theta Network (THETA) $0.86 ↓ -5.53%
Nexo Nexo (NEXO) $1.31 ↓ -0.93%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.02%
Tether Gold Tether Gold (XAUt) $3,371.13 ↓ -0.49%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -5.19%
Raydium Raydium (RAY) $2.95 ↓ -8.07%
IOTA IOTA (IOTA) $0.20 ↓ -4.73%
Gala Gala (GALA) $0.02 ↓ -4.63%
The Sandbox The Sandbox (SAND) $0.30 ↓ -2.63%
Aerodrome Finance Aerodrome Finance (AERO) $0.89 ↓ -2.52%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -5.97%
Jito Jito (JTO) $1.98 ↓ -4.87%
Pendle Pendle (PENDLE) $4.24 ↓ -4.37%
Home Cryptocurrency

SPELL Token Weekly Analysis And Price Prediction

Emma Veress by Emma Veress
9 July 2023
in Cryptocurrency
Reading Time: 5 mins read
0
SPELL-Token-Weekly-Analysis-And-Price-Prediction-2

This article will analyze the SPELL Token according to www.coinmarketcap.com data. First, we will discuss the SPELL Token and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

Table of Contents

Toggle
  • What is SPELL Token?
    • YOU MAY BE INTERESTED
    • Ponke Delivered Early Gains—But Troller Cat’s 1833% ROI Has Claws in the Game Now
    • Timing Is Wealth: MoonBull Unleashes the Best Crypto Whitelist With Limited Spots Left as Popcat and Brett Keep Climbing
    • What are the projects of SPELL?
    • Factors Influencing SPELL Price
        • SPELL TOKEN TECHNICAL ANALYSIS
          • SPELL Token Chart Analysis

What is SPELL Token?

The Spell Token (SPELL) is the native utility token of the decentralized finance (DeFi) project called “Spell” or “Magic Internet Money.” Spell aims to provide a protocol for algorithmic, autonomous, and community-driven stablecoin issuance on the Ethereum blockchain.

YOU MAY BE INTERESTED

image 611

Ponke Delivered Early Gains—But Troller Cat’s 1833% ROI Has Claws in the Game Now

24 July 2025
image 627

Timing Is Wealth: MoonBull Unleashes the Best Crypto Whitelist With Limited Spots Left as Popcat and Brett Keep Climbing

24 July 2025

What are the projects of SPELL?

The Spell Token (SPELL) is primarily associated with the Spell project, which focuses on creating a stablecoin protocol for algorithmic, autonomous , and community-driven stablecoin issuance.  Here are some fundamental projects and initiatives related to SPELL :

Stablecoin Protocol : The primary project of the SPELL token is the development and operation of the Spell stablecoin protocol.  This includes designing algorithms that dynamically adjust system parameters to maintain stability in the value of issued stablecoins .

Algorithmic Stability Mechanisms : The Spell project aims to implement innovative algorithmic mechanisms that respond to market conditions and adjust various parameters such as supply expansion/contraction, collateralization ratios , interest rates, oracles, and governance rules. These mechanisms help maintain price stability within the ecosystem

Governance Rights : Holding SPELL tokens grants users governance rights within the Spell ecosystem. Token holders can participate in voting processes related to system upgrades, parameter adjustments , risk management strategy changes, or significant decisions affecting the protocol’s functionality or operation

Liquidity Mining & Incentives:  The SPELL token may be involved in liquidity mining programs where users can stake their tokens into designated pools and earn additional rewards as incentives for providing liquidity or participating actively within the ecosystem .

  Community Governance: Decisions regarding system upgrades and adjustments are made through community governance proposals allowing active participation from SPELL token holders with voting power based on their holdings .

These projects collectively aim to create a decentralized stablecoin ecosystem governed by algorithms and community participation using the SPELL token as an essential component for governing decision-making processes within the Spell protocol.

SPELL-Token-Weekly-Analysis-And-Price-Prediction

Factors Influencing SPELL Price

The price of the Spell Token (SPELL) can be influenced by various factors , including :

ADVERTISEMENT

Market Demand and Trading Volume : The demand for SPELL tokens in the market and trading volume on exchanges play a significant role in determining their price. Increased need and higher trading activity generally drive up the token’s value , while decreased demand may result in price depreciation 

Stablecoin Protocol Adoption :  The adoption and usage of the Spell stablecoin protocol can impact SPELL’s price. If more users utilize the protocol to mint or transact with stablecoins within the ecosystem,  it may generate positive sentiment around SPELL tokens and potentially increase their value .

Algorithmic Stability Performance :  The performance of the algorithmic stability mechanisms implemented within Spell’s stablecoin protocol is crucial. If these mechanisms effectively maintain stability in issued stablecoins’ values over time, it could increase confidence in SPELL tokens as an integral part of this ecosystem

Governance Decisions & Participation:  Through voting processes by SPELL token holders, governance decisions can influence market perception and sentiment towards the project. Positive governance outcomes that align with community interests or  system parameter improvements might positively affect SPELL’s price .

Overall Market Conditions: General market conditions within the cryptocurrency space can impact SPELL’s price and other digital assets. Factors such as overall market sentiment, regulatory developments affecting cryptocurrencies significantly and macroeconomic events influencing investor confidence may influence its value

Investor Sentiment & Speculation : Investor sentiment towards projects like Spell and speculation about future developments may also play a role in determining token prices. Positive news coverage or anticipation surrounding upgrades , partnerships, or advancements related to Spell could attract investors who believe in its potential and lead to increased buying pressure for SPELL tokens .

It is important to note that cryptocurrency markets are highly volatile and subject to various external influences beyond these factors mentioned above. Therefore, it is essential for investors to conduct thorough research and stay updated with official sources when making investment decisions related to specific cryptocurrencies like Spell Token (SPELL).

SPELL TOKEN TECHNICAL ANALYSIS

After seeing its historical high of $ 0.5000 in October 2021, SPELL dropped 99% by the end of 2022, down to $ 0.0005.Although it went up to $ 0.0010 with the purchases in the market in  March 2023, it is currently trading at $ 0.0005. According to www.coinmarketcap.com data, SPELL has a size of $55,309,973 and a volume of $8,075,746 in the last twenty-four hours .

loXpGcNfb2eJ hYGsPm8XaVnI5SxMNss19nZSf2rwzA2JET2rsFXdnOyeScA1bUD55dZO6KafEdlGO4q8LIJjbp HFy0tzs00UHDbrebI2HqIoyXe5hDAsQblqDKLhZLKjKQN6t2II0SuoTXl6tKRA
SPELL Token Chart Analysis

From October 2021 to the end of 2022, the SPELL token lost 99% , falling from $0.0500 to $0.0005. Although SPELL rose up to $ 0.0010 with the buy-side movement in the market in March 2023, it could not maintain this rise and is currently traded at $ 0.0005. Examining its weekly chart, 0.0004 has been the main support zone for the SPELL token. Above this support level,  the first resistance zones for the SPELL token are $0.0005 and $0.0007 .

This article does not certain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their research when deciding. This article does not include investment advice or suggestions. Every investment and trading move involves risk, and readers should perform their analysis when determining.

Previous Post

Robert Sarver Net Worth: From Business Success to Controversial Sale

Next Post

Manny Khoshbin Net Worth: The Rise of an Entrepreneur and Real Estate Mogul

Emma Veress

Emma Veress

Finance Writer Hello there! My name is Emma, and I'm a daily breaking news journalist covering finance, economics, and crypto on a global scale. I graduated from Eötvös Loránd University with a degree in Communication and Media Studies MA, where I gained a passion for storytelling and analysis. As a journalist, I'm dedicated to providing my readers with accurate and timely news on financial and economic events happening around the world. I believe that by delivering high-quality journalism, I can help people make informed decisions about their finances and investments.

SIMILAR NEWS

image 611
Cryptocurrency

Ponke Delivered Early Gains—But Troller Cat’s 1833% ROI Has Claws in the Game Now

24 July 2025
image 627
Cryptocurrency

Timing Is Wealth: MoonBull Unleashes the Best Crypto Whitelist With Limited Spots Left as Popcat and Brett Keep Climbing

24 July 2025
image 619
Cryptocurrency

Next Big Stampede? Whales Circle MoonBull – New Meme Coin Craze Grows as SLERF Sways  and Cheems Stirs the Crowd

24 July 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Ponke Delivered Early Gains—But Troller Cat’s 1833% ROI Has Claws in the Game Now
  • Timing Is Wealth: MoonBull Unleashes the Best Crypto Whitelist With Limited Spots Left as Popcat and Brett Keep Climbing
  • Bull Run Ignited: MoonBull Whitelist Rocks the Scene as the Best New Meme Coin to Watch – Fartcoin Blazes and Ponke Holds Firm
  • Next Big Stampede? Whales Circle MoonBull – New Meme Coin Craze Grows as SLERF Sways  and Cheems Stirs the Crowd
  • USDT 2.0? Tether Launches New U.S.-Regulated Stablecoin for Banks

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English