Spacecoin’s native SPACE token jumped more than 73% shortly after its token generation event on January 23, after its public launch and a partnership announcementSpacecoin’s native SPACE token jumped more than 73% shortly after its token generation event on January 23, after its public launch and a partnership announcement

Spacecoin (SPACE) Jumps 73%, Following TGE Launch and WorldLibertyFi Partnership

2026/01/24 05:56
5 min read

Spacecoin’s native SPACE token jumped more than 73% shortly after its token generation event on January 23, after its public launch and a partnership announcement involving WorldLibertyFi.

The rally pushed the token to an intraday high of around $0.026 before it corrected lower. At press time, SPACE traded near $0.017, remaining almost 30% above its launch price. The price movement reflected early market interest as trading opened across multiple platforms.

Source: CoinGecko

SPACE Token Launch

Spacecoin introduced the SPACE token as the economic layer of its satellite-powered decentralized connectivity network. The launch followed years of development across blockchain systems, satellite infrastructure, and telecommunications.

According to the company, the token rollout builds on technical milestones already achieved in orbit. Spacecoin said its CTC 0 and CTC 1 satellites have completed successful demonstrations.

The satellites were used to test decentralized connectivity under real operating conditions. The results supported the feasibility of a space-based network operating without centralized coordination.

Driving Decentralized Activity

The SPACE token launched across four blockchain networks, including Creditcoin, Ethereum, Binance Smart Chain, and Base. Spacecoin urged users to verify contract addresses on each supported network to reduce the risks of incorrect contracts and fraudulent deployments.

With the launch, Spacecoin activated a coordination and payment mechanism designed for decentralized infrastructure. The company described SPACE as the core asset enabling trustless participation across the network.

The token supports payments, staking, and future governance within the ecosystem. These functions are designed to operate without centralized oversight.

Notably, this structure addresses coordination challenges in Spacecoin’s hybrid network of blockchain, satellite, and telecom systems. According to the company, centralized payment and governance models cannot efficiently support a global decentralized infrastructure. This limitation prompted the use of economic incentives through the SPACE token.

Where to Access SPACE

SPACE launched with broad exchange support, including Binance, Kraken, OKX, Bitget, Coinone, KuCoin, MEXC, Bybit, and Blockchain.com. Depending on the platform, users can access spot markets, futures, and perpetual contracts. Spacecoin said broad distribution was intended to support liquidity from day one.

Beyond centralized exchanges, SPACE is also available on decentralized platforms. It can be traded on PancakeSwap, while Aster DEX supports spot and perpetual markets. Aster DEX launched a limited-time trading campaign for its listing, offering ASTER and SPACE token incentives, with duration undisclosed.

In addition to trading, Spacecoin opened claims for its previously announced airdrop targeting early community members known as Cadets. Eligible participants can check allocations through the official claims portal by connecting the wallet used during Season 1 participation.

To qualify, users needed to hold specific assets and complete social and event-based tasks. Accounts flagged during anti-abuse screening were excluded.

Only a portion of the airdropped tokens unlocked at launch, with the remaining allocation vesting gradually over several months. Spacecoin also confirmed that Season 2 allocations will appear later, and eligible users will receive notifications once these allocations become visible.

Staking and Token Details

Following the token launch, Spacecoin introduced a limited-time staking program that applies only to SPACE tokens held on the Creditcoin network. The company said staking supports network participation and stability, adding that requirements may evolve as the network matures.

To support interoperability, Spacecoin enabled cross-chain transfers through Wormhole. This allows users to move SPACE between supported networks, provided they hold CTC for gas fees. According to the company, interoperability is essential for decentralized coordination and liquidity management.

Alongside these features, Spacecoin disclosed details on token supply. SPACE follows a fixed supply model with no planned minting, with the total supply capped at 21 billion tokens. About 2.15 billion tokens entered circulation at launch, representing roughly 10.25% of the total supply. Unlock schedules are structured to limit short-term supply pressure.

Optimizing Global Network Operations

Beyond launch activity, Spacecoin outlined how SPACE fits into long-term network operations. The company positioned the token as a coordination layer rather than a speculative asset.

One issue Spacecoin aims to address is the inefficient use of satellite capacity. Low Earth Orbit satellites complete a full orbit every 90 to 120 minutes. During each orbit, a satellite connects to a specific area for only five to fifteen minutes.

As a result, most satellite capacity remains unused, with active use accounting for roughly 5% of total capacity. Traditional telecom models struggle to monetize this idle capacity, but decentralized coordination offers an alternative solution.

The SPACE token allows operators to tokenize excess capacity. By joining the network, they can meet global demand rather than regional markets and receive compensation in SPACE. This model enables participation from regions such as Africa and India without exclusive agreements.

To ensure service quality, node operators must stake SPACE tokens. Staking acts as an economic filter, discouraging malicious behavior without centralized enforcement. Tokens locked in staking are removed from circulation, linking network usage directly to circulating supply levels.

Spacecoin also referenced a partnership with WorldLibertyFi, announced around the launch period. Operational details remain undisclosed, but the company said the collaboration aligns with broader ecosystem goals. Further updates are expected as network deployment continues.

The post Spacecoin (SPACE) Jumps 73%, Following TGE Launch and WorldLibertyFi Partnership appeared first on CoinTab News.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
SEI Technical Analysis Feb 6

SEI Technical Analysis Feb 6

The post SEI Technical Analysis Feb 6 appeared on BitcoinEthereumNews.com. SEI is consolidating at the $0.08 level under general downtrend pressure; although RSI
Share
BitcoinEthereumNews2026/02/07 02:43
South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin

South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin

The post South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin appeared on BitcoinEthereumNews.com. In brief South Korean exchange Bithumb
Share
BitcoinEthereumNews2026/02/07 02:16