Hello all,

Was browsing potential altcoins to invest in earlier this morning and came across Spell Token which is currently trading at £0.01.

For anyone who is not too familiar with this coin here is a brief description:

Spell Token (SPELL) is a token that governs Abracadabra. money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00.

Majority of my portfolio are stable coins which should stick around for the long term but I am looking for a few smaller coins to take a gamble on while the price is low for a long term hold.

Does anyone follow this coin? Is it worth investing?