Good afternoon everyone Spacecoin ($SPACE) is making waves today with a massive 135.96% price surge in just 24 hours. While the volume is hitting a staggering $135.2M, there are a few critical factors every trader should watch before jumping in.
Price Action: We are seeing a significant 142% spike driven by intense buying pressure and bullish technical indicators. The momentum is strong, but is it sustainable?
Whale Concentration: A major "Caution" sign here—84.87% of the total supply is held by the top 10 wallets. This high concentration means a few holders have massive influence over the price.
Mintable Supply & Profit Taking: The contract has a mintable function, which could lead to supply dilution. Additionally, "Smart Money" wallets have already realized over $355k in profits, suggesting that early participants are starting to existence
While the decentralized satellite internet narrative is exciting, the combination of whale concentration and profit-taking by informed players suggests high volatility ahead.
Always DYOR! High rewards often come with high risks.
Follow for informations
#WEFDavos2026 #Space #CryptoPatience #analysis $SPACE #BinanceSquare
