Beam vs Spell Token — how do they compare? Beam trades at Rp23.99 (market cap Rp1,23T, Rp27,54M 24h volume), while Spell Token trades at Rp1.4 (market cap Rp272,8M, Rp15,89M 24h volume). The key difference: Beam is far larger — about 4508.8× Spell Token's market cap, and Beam's supply is capped (51,3B / 58,5B BEAMX (88%)) while Spell Token's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Beam for 45 Days and Spell Token for 44 Days on average.
| BEAMX | SPELL | |
|---|---|---|
Market Cap | Rp1,23T | Rp272,8M |
Volume (24h) | Rp27,54M | Rp15,89M |
Circulating Supply | 51,3B / 58,5B BEAMX (88%) | 195,2B SPELL |
Typical Hold Time | 45 Days | 44 Days |
What Pluang investors did over the last 30 days
Beam, formerly known as Merit Circle, is a DAO that focuses on developing the play-to-earn (P2E) economy. Its goal is to create a new era of gameplay where users would be able to earn money by playing games that they love, instead of treating them as a simple hobby. MC token holders have voting rights to decide on the future of the organization, and obtain and stake their tokens to earn rewards.
Read more on BEAMX →Spell Token is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). SPELL token can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and staked tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound.
Read more on SPELL →