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View ChartSPINDLE (SPD) is an Ethereum-based utility token that was designed for use within a blockchain-driven investment ecosystem. It is positioned as the official utility token to be used on a blockchain-based investment platform. The token operates on the Ethereum platform, meaning it exists as a smart contract token that cannot be removed or deleted from the network. SPINDLE was issued in April 2018 and listed on May 19, 2018. In Japan, the project became widely known as "GACKT Coin" because Japanese singer GACKT attached his name to the project as a member. The token has a total supply of 10,000,000,000 SPD and an uncapped maximum supply. Today, the project is widely regarded as dormant, with minimal trading activity and a market capitalization that has not been calculated because circulating supply cannot be confirmed.
Publicly available information about the SPINDLE development team is limited. The project's founder is Shuichi Uda, according to available references. The most notable association is Japanese singer GACKT, who put his name on the project as a member, which led to the coin being commonly known in Japan as "GACKT Coin." According to one analysis citing UK Companies House filings, the token issuer may have been dissolved in the United Kingdom; this has not been independently confirmed. No detailed founding team roster, advisory board, or corporate leadership structure is publicly documented in the available references. The project became a hot topic in Japan in 2018 ahead of its listing, largely driven by the celebrity association, but detailed public information about the individuals behind its development remains scarce.
SPINDLE operates as a token on the Ethereum blockchain. Because it is built on Ethereum, the token is designed in a way that no one can delete it even if they wanted to. The token functions through Ethereum smart contracts, and its on-chain activity can be tracked through the etherscan.io block explorer. According to an analysis that connected directly to a public Ethereum node and counted every transfer record from issuance in April 2018 to the time of writing, there were a total of 95,033 transactions. The token was positioned as a utility token for a blockchain-based investment platform, though the operational status of that platform is not clearly documented in the available references. The project's technical framework relies entirely on the Ethereum network rather than a proprietary blockchain.
SPINDLE's primary claim to uniqueness is its association with Japanese singer GACKT, which made it one of the most well-known crypto assets in Japan in 2018 and earned it the nickname "GACKT Coin." It became a hot topic before listing, and the celebrity backing drove significant attention. As an Ethereum-based token, it benefits from the security and immutability of the Ethereum network. However, the project's value proposition is heavily qualified by its current state. Its market cap has not been calculated because circulating supply cannot be confirmed. The project is widely considered inactive.
SPINDLE is described as the official utility token to be used on a blockchain-based investment platform. In its intended ecosystem, the token would serve as the medium of exchange or utility within that investment environment. Within the intended ZETA ecosystem, SPD was to be used to pay for services such as legal advice and auditing, to follow users or funds, and to lend or borrow SPD at designated rates. However, the practical utility of the token today is extremely limited. Trading activity is minimal. The token trades on a small number of active markets. The token can be converted to various fiat currencies including USD, EUR, GBP, JPY, CAD, AUD, INR, and others through converter tools. Given the dormant state of the project, real-world usage of the token appears negligible.
The SPINDLE ecosystem shows no signs of active development. The official website went down in February 2023, and the project appeared to be discontinued. The project is classified as dormant. The price history shows periods of stagnant movement alternating with sudden spikes, which may reflect changes in the reporting venue rather than genuine supply and demand. The project has no documented roadmap, no active development updates, and no visible community growth. Its on-chain transaction count of 95,033 from issuance to the time of analysis reflects a project that did not achieve sustained adoption.
SPD is an ERC-20 token on Ethereum; it is not mined and has no native staking. Tokens were created via smart contract and distributed through the initial offering and trading. The project is dormant, so no further issuance mechanism is active. The total supply of 10 billion SPD was issued in April 2018, and the maximum supply is uncapped. Users cannot earn SPD through mining or staking. The only way to acquire SPD today would be through the limited trading markets where it is still listed, though liquidity is extremely thin and activity is minimal.
Because SPINDLE is an Ethereum-based token, it can be stored in any wallet that supports Ethereum and ERC-20 tokens. Options include hardware wallets, which keep private keys offline and are generally considered the most secure option, as well as software wallets and web wallets. For long-term storage, a hardware wallet is advisable. Users should always back up their seed phrase and private keys in a secure, offline location and never share them with anyone. Given the dormant state of the SPINDLE project, extra caution is warranted. Always do your own research before interacting with any token or platform.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SPD are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of SPINDLE (SPD) is C$0.000004187099895231960.054187. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SPD to USD rate at the top of BTCC’s price page. In terms of market scope, SPINDLE records a 24h trading volume of C$14.006907 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$0. Its current circulating supply stands at -- out of a maximum supply cap of ∞.
The price volatility of SPINDLE (SPD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, SPINDLE (SPD) hit an all-time high (ATH) of C$0.058146 on 2018-05-31 11:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.0000018213617993039550.051821 on 2023-08-16 11:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading SPD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$14.006907), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SPDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for SPINDLE, simply log into your BTCC account with USDT margin available, navigate to the SPDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for SPDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.000004187099895231960.054187), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for SPDUSDT with zero financial risk.
Trading SPINDLE (SPD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SPDUSDT, and review its live price (C$0.000004187099895231960.054187) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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