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