Spacecoin's SPACE Token Surges 65% Following Multi-Exchange Launch and Major Airdrop

yesterday / 13:15 3 sources neutral

Key takeaways:

  • The multi-exchange listing strategy aims to create immediate liquidity but risks diluting price discovery across venues.
  • Controlled vesting for airdrop recipients is a critical mechanism to prevent a supply shock post-launch.
  • Long-term SPACE value depends on satellite internet adoption, shifting focus from tokenomics to real-world utility.

Spacecoin's native SPACE token launched on January 23, 2026, with a dramatic 65% price surge, trading up to $0.026 amid the debut of its Season 1 community airdrop and listings across a wide array of centralized and decentralized exchanges. The token, which serves as the economic backbone for a decentralized satellite internet project, was trading around $0.021 at the time of reporting.

The launch was marked by extensive exchange listings, including on Binance (via its Alpha and Futures platforms), Kraken (Spot), OKX (Spot and Perpetuals), KuCoin, MEXC, Bitget, Coinone, Blockchain.com, and Bybit. Decentralized trading also went live on PancakeSwap. This multi-platform strategy was designed to maximize accessibility and liquidity from day one.

Central to the launch momentum is a two-season community airdrop representing 11% of the total 21 billion SPACE token supply, or approximately 2.31 billion tokens. Season 1, focused on early supporters like Spacecoin Cadets and Creditcoin (CTC) holders, allocates 1.05 billion tokens. To mitigate sell pressure, only 25% of these rewards unlocked at the Token Generation Event (TGE), with the remainder vesting monthly over three months. Season 2, allocating 1.26 billion tokens, begins distribution one month post-TGE and targets sustained ecosystem participation.

Eligible participants must claim tokens via an official portal, with initial tokens issued on the Creditcoin Chain. Wormhole-powered cross-chain bridging enables transfers to Ethereum and BNB Smart Chain for trading. The project also initiated a limited-time staking program on the Creditcoin network offering a 10% APR for SPACE tokens.

Beyond the token launch, Spacecoin is developing a decentralized satellite internet network aimed at providing affordable connectivity for $1–$2 per month. The project has a strategic partnership with World Liberty Financial (WLFI) for stablecoin-based settlement. Despite the strong fundamentals and controlled token distribution, analysts note the initial price surge is typical of speculative, airdrop-fueled launches, with the token's long-term success hinging on its ability to sustain value beyond the initial hype period.

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