Today the new alpha launched by bn with this $SPACE is quite impressive,

After launching on Alpha, it directly went on to the contract,

This is the true bn lineage,

It's amazing, the only Musk concept in alpha

1️⃣ Project

$SPACE ｜Low Earth Orbit Satellite DePIN, creating a censorship-resistant global network, monthly fee 1–2 USD, narrative comparable to Starlink + DePIN.

2️⃣ Core Data

Total Supply: 21 Billion

Initial Circulation: 10.25%

Financing: 3 Million USD

TGE Selling Pressure: ≈ 2.25%

Alpha: Expected 1% first come first served

3️⃣ Token Structure Commentary

Institution/Team locks for a long time (12M+ linear)

✅ Airdrop divided into two seasons, short-term selling pressure controllable

⚠️ Liquidity 9% TGE fully released, the point of contention is here

4️⃣ Cost & Pricing

Institutional Cost ≈ 0.00095U

If pool price is 0.004U:

Circulating Market Cap ≈ 8.6 Million

FDV ≈ 84 Million (leans towards narrative)

5️⃣ Trading Perspective Conclusion

Alpha Players: Competing speed

Short-term: Watch emotions + liquidity

Medium-term: Whether DePIN + satellite narrative will ferment