Spacecoin launched its SPACE token on January 23, two days after announcing a partnership with World Liberty Financial (WLFI), the decentralized finance platform backed by the Trump family.
The token made its debut on the spot markets of Binance Alpha and OKX with a market capitalization of about 37 million dollars.
The satellite-based blockchain project is trading at $0.017 after hitting an all-time high of $0.028 on the day of launch. SPACE has dropped by about 39% from its peak within 24 hours of the start of trading.
The partnership includes a token exchange between Spacecoin and WLFI. The USD1 stablecoin from World Liberty Financial, valued at $3.2 billion, will be integrated into Spacecoin's satellite infrastructure to enable payments in underserved regions.
Claims of the satellite network
Spacecoin operates three satellites in low Earth orbit as part of the CTC-0 and CTC-1 missions. CTC-0 was launched in December 2024, followed by three satellites for the CTC-1 mission in November 2025.
The project claims that these satellites demonstrate blockchain-based communication from space. Spacecoin positions itself as an infrastructure aimed at providing internet connectivity without relying on traditional telecom operators or government approval.
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Partnership Calendar
WLFI co-founder, Zak Folkman, stated that the collaboration aims to explore how DeFi could operate via satellite internet.
The founder of Spacecoin, Tae Oh, stated that the partnership aims to provide new financial transaction capabilities to users when they connect to the network.
The token exchange formalized the relationship between the projects. Neither party disclosed the financial terms or the size of the token exchange.
Market Reception
SPACE trades with a volume of $163 million over 24 hours, according to CoinMarketCap data. The token has a circulating supply of 2.15 billion coins with a maximum supply of 21 billion.
Binance Alpha serves as an early access platform for emerging tokens before potential full listings on the exchange.
OKX announced spot trading for SPACE on the same day as its debut on Binance Alpha.
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