About Spell Token

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Bitcoin price rose to $38,000 for the first time since April 2022 in a relatively low-volume environment. This rebound helped push the total market cap of all cryptocurrencies to over $1.5 trillion as other coins jumped. Some of the other top-performing cryptocurrencies were Lisk, Sei, Spell Token, and GMX.

Spell Token Price Prediction - Spell coin is has rebounded very strongly this week. However, it remains in downtrend on a high timeframe.

Binance, one of the leading cryptocurrency exchanges, has recently made the decision to suspend deposits and withdrawals of certain cross-chain bridge tokens associated with the Multichain project across specified networks. This temporary suspension, effective from July 7, 2023, until further notice, is a response to the ongoing issues encountered within the Multichain (MULTI) protocol.

Binance no longer supports deposits and withdrawals for several cross-chain bridge tokens linked with the Multichain project. Binance Suspends Multichain Support In a recent development, Binance, one of the world's largest cryptocurrency exchanges, has announced that it is ending support for withdrawal and deposit for several Multichain-bridged tokens.

Fantom token was down 6% while the Multichain token plunged 5% following the news that Binance plans to halt the use of some Multichain tokens soon. Crypto exchange Binance announced on Wednesday that it would no longer support the deposits and withdrawals of several tokens linked to the Multichain protocol, starting from July 7.