Core vs Spell Token — how do they compare? Core trades at Rp441.02 (market cap Rp546,48M, Rp64,48M 24h volume), while Spell Token trades at Rp1.62 (market cap Rp314,83M, Rp240,79M 24h volume). The key difference: Core is the larger of the two by market cap, and Core's supply is capped (1,2B / 2,1B CORE (60%)) while Spell Token's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Core for 37 Days and Spell Token for 43 Days on average.
| CORE | SPELL | |
|---|---|---|
Market Cap | Rp546,48M | Rp314,83M |
Volume (24h) | Rp64,48M | Rp240,79M |
Circulating Supply | 1,2B / 2,1B CORE (60%) | 195,2B SPELL |
Typical Hold Time | 37 Days | 43 Days |
What Pluang investors did over the last 30 days
CORE (Core) is a layer 1 blockchain that is compatible with the Ethereum Virtual Machine (EVM). This means it is capable of executing Ethereum smart contracts and decentralized applications (dApps). The Core network operates using the Satoshi Plus consensus mechanism, which ensures network security through a combination of delegated Bitcoin mining hash and delegated Proof-of-Stake (DPoS). The protocol is supported by its native token, CORE.
Read more on CORE →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 →