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.
âPrice 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?
âWhale Concentration: A major "Caution" sign hereâ84.87% of the total supply is held by the top 10 wallets. This high concentration means a few holders have massive influence over the price.
âMintable 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
âWhile the decentralized satellite internet narrative is exciting, the combination of whale concentration and profit-taking by informed players suggests high volatility ahead.
âAlways DYOR! High rewards often come with high risks.
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â#WEFDavos2026 #Space #CryptoPatience #analysis $SPACE #BinanceSquare
