SPACE (Spacecoin) up 21.82% in the past 24 hours

Gate News Bot Message, February 4th, according to CoinMarketCap data, as of press time, SPACE (Spacecoin) is currently priced at $0.01, up 21.82% in the past 24 hours, with a high of $0.01 and a low of $0.01. The 24-hour trading volume reached $89.6 million. The current market capitalization is approximately $15.3 million, an increase of $2.73 million from yesterday.

Spacecoin is the world’s first internet network supported by blockchain satellites, dedicated to providing reliable, permissionless internet access to the 2.6 billion unconnected people worldwide. The project is built on Creditcoin and creates a global connectivity network through a constellation of small satellites in low Earth orbit, operating independently of ground infrastructure to ensure reliable access in remote areas affected by natural disasters, government restrictions, and traditional internet failures.

Spacecoin utilizes blockchain technology to achieve transparent, decentralized network operation. Users can pay for data service requests with cryptocurrency, breaking through financial and geographical boundaries. The platform supports features such as universal smart contracts, pay-as-you-go, and on-chain credit, helping unbanked users establish on-chain credit profiles.

According to the roadmap, Spacecoin launched its first satellite, CTC-0, in 2024; in 2025, three additional satellites will be launched for the CTC-1 constellation pilot testing; and in 2026, commercial operations are planned to begin, expanding coverage and supporting third-party deployment of satellites interoperable with its network.

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Recent Important News about SPACE:

1️⃣ SPACE Token Public Offering and Ecosystem Expansion
The Spacecoin project recently completed the public sale of the SPACE native token and reached a strategic partnership with Blockchain.com, planning to launch the SPACE token on that platform in early 2026. These ecosystem development initiatives strengthen the project’s market infrastructure and lay a solid foundation for subsequent commercialization, attracting market attention to its growth prospects.

2️⃣ Clear Commercialization Timeline and Satellite Deployment Progress
Spacecoin has set a goal to start commercial operations in 2026 and plans to continue expanding its satellite constellation coverage. The first satellite has been launched, and three additional satellites are scheduled for the CTC-1 constellation pilot testing in 2025. This clear technical roadmap demonstrates orderly progress in infrastructure development, helping investors form reasonable expectations about the project’s advancement and commercialization prospects.

3️⃣ Global Internet Access Market Demand Drives Long-term Value Recognition
Positioned to serve the market of 2.6 billion unconnected people worldwide, Spacecoin highlights its strategic value in bridging the global digital divide. The project provides reliable access in disaster-affected areas, regions with network restrictions, and zones where traditional internet fails through its blockchain satellite network. This targeted application scenario enhances market expectations for its long-term development potential.

This message is not investment advice; please be aware of market volatility risks.