Decentralized satellite internet Spacecoin launches SPACE token on exchanges
The SPACE token of the decentralized satellite internet network Spacecoin fell 8% following the start of trading on major cryptocurrency exchanges, coinciding with the token generation event and the release of 2.15 billion SPACE tokens, representing 10.25% of the total supply.
On January 23, SPACE began trading on Binance Alpha, OKX, Bitget, MEXC, and other platforms. More than half of the trading volume, which exceeded $195 million at the time of writing, occurred through the decentralized exchange PancakeSwap.
SPACE price dynamics over the past 24 hours. Source: CoinMarketCap
In the first hours of trading, the token surged 30% to $0.027, but early holders quickly took profits, pushing SPACE down to $0.017, despite the high-profile announcement of a partnership with Trump-associated company World Liberty Financial (WLFI).
Satellite constellation backed by blockchain
Spacecoin aims to build a decentralized satellite internet network using small low-Earth orbit (LEO) satellites, providing connectivity in remote regions where residents face internet challenges. The blockchain ensures transparency, security, and payment for services.
Founder Tae Oh and the Spacecoin team have raised funds to construct and launch at least six satellites to test data transmission and service payment technologies. The exact amount of funds raised has not been disclosed, but the project has already attracted attention from major players such as Blockchain.com, which supports the SPACE token launch and wallet integration.
Additionally, on January 23, Spacecoin announced a partnership with WLFI (World Liberty Financial) to integrate its USD1 stablecoin into the Spacecoin network as a payment method for satellite internet services.
In the future, Spacecoin plans to launch an additional 7–10 satellites to expand coverage, deploy its main network, and build a permanent constellation. Testing connectivity and increasing service demand is expected to stabilize the SPACE token price. Token holders will also benefit from staking opportunities, though competing with established networks like Starlink remains an ambitious goal.
As we wrote, Solana Mobile Seeker SKR rallies on listings, staking demand
Latest Binance News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
