Space ID Token Trading at 17x over IEO Price after Receiving over $2.8 billion in Commitments

Space ID Token Trading at 17x over IEO Price after Receiving over $2.8 billion in Commitments

The latest project to launch on the Binance Launchpad, Space ID, received an overwhelming response from traders, with over $2.8 billion in Binance Coin ($BNB) commitments in just 48 hours.

Over 8.6 million $BNB tokens have been committed to the Space ID token sale, which aimed to raise only $2.5 million from exchange users. The project's hard cap for funding is $2.5 million, so not all the committed funds will flow into Space ID's ID tokens. The final allocation was calculated based on the number of $BNB commitments to the total number of holders who participated.

The token is now trading at $0.45, almost 18x of the IEO price of $0.025

Space ID is a Web3 domain management project that enables users to exchange, register, and manage crypto-based domain names. $ID tokens can be used on the platform as a governance token. The project aims to create a decentralized naming system for blockchain-based assets, giving users complete control over their domain names and digital assets.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Launchpad

Web3

In This Article

Related News
Web3 Credentials and Rewards Platform Galxe Launch Mainnet Web3 Credentials and Rewards Platform Galxe Launch Mainnet
Cobie Launched Crypto Angel Investor Platform Cobie Launched Crypto Angel Investor Platform
Ton Chain to Allocate $115M for Community Rewards Programme Ton Chain to Allocate $115M for Community Rewards Programme
Ether.Fi to Launch Token on Binance's Launchpool Ether.Fi to Launch Token on Binance's Launchpool
Worldcoin Sets New All-Time High on OpenAI's Sora AI Model Launch Worldcoin Sets New All-Time High on OpenAI's Sora AI Model Launch
Latest News More More
18 Hours Ago DA Project Avail Confirmed Token Airdrop Plan
19 Hours Ago Tether to Launch New Businesses, Tether Data, Tether Finance, Tether Power, and Tether Edu
1 Day Ago Lido Finance Implemented Simple Distributed Validator Technology (DVT)
1 Day Ago Real Opportunity for Runes only Comes After the Initial Hype
1 Day Ago Worldcoin Announced "Human Centric" Blockchain World Chain
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open