Spell Token

<ul><li>Santiment reports a remarkable 60% growth for Spell Token over a short period.</li><li>As per CoinMarketCap, SPELL is trading bearishly, experiencing a 2.65% price dip to $0.0005577.</li><li>SPELL&#39;s trading volume has seen a significant drop of 67.18%, standing at $32.11 million.</li></ul>Santiment, a prominent analytics platform, recently highlighted the impressive performance of the Ethereum-based Spell Token (SPELL). Over a concise period, the token witnessed a growth of over 60%. This surge was not just a mere number, as it was accompanied by a 2023 high in various metrics, including network growth, address activity, and, notably, whale transactions.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/778b67a8bff844a8a63c60b8bc25cb6a.png" />Besides the value growth, the increase in network activity is a clear indicator of the token&#39;s rising popularity. Address activity refers to the number of active addresses interacting with the token and has seen a substantial uptick. Moreover, the volume of whale transactions, which are large token transfers, has also increased. Such metrics often provide a deeper insight into the health and momentum of a cryptocurrency.According to the data from CoinMarketCap SPELL, the native token of Spell Token is currently<a href="https://coinmarketcap.com/currencies/spell-token/" rel="noopener noreferrer nofollow"> trading </a>in a bearish sentiment with a price decrease of 2.65% and is currently being exchanged at the rate of $0.0005577. Bulls in the SPELL market should have established resistance levels of $0.000601 and a support level of $0.0005518. SPELL trading volume has decreased 67.18% and is currently at $32.11 million.Read full article at <a href="https://cryptotale.org/network-growth-whale-activity-push-spell-token-to-2023-highs/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Network Growth & Whale Activity Push Spell Token to 2023 Highs

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