Secret vs Spell Token — how do they compare? Secret trades at Rp745.86 (market cap Rp260,79M, Rp110,47M 24h volume), while Spell Token trades at Rp1.6 (market cap Rp311,87M, Rp56,81M 24h volume). The key difference: Spell Token is the larger of the two by market cap, and Secret's circulating supply is 350,7M SCRT versus 195,2B SPELL for Spell Token. Which is the better fit depends on your goals — on Pluang, investors hold Secret for 29 Days and Spell Token for 43 Days on average.
| SCRT | SPELL | |
|---|---|---|
Market Cap | Rp260,79M | Rp311,87M |
Volume (24h) | Rp110,47M | Rp56,81M |
Circulating Supply | 350,7M SCRT | 195,2B SPELL |
Typical Hold Time | 29 Days | 43 Days |
What Pluang investors did over the last 30 days
Secret (SCRT) is a privacy-oriented blockchain built on Cosmos. Its smart contracts are called Secret Contracts and it allows DApps to use private data on Secret, similar to how smart contracts operate on other blockchains. However, Secret Contracts transfer encrypted inputs into encrypted outputs without exposing data. This is possible thanks to the encrypted contract states during the execution.
Read more on SCRT →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 →