SpaceN is emerging as a unique contender in the cryptocurrency landscape, focusing on decentralized solutions for space-related activities. With its innovative approach, it aims to facilitate transactions and data sharing among satellite operators and researchers. As interest in space technology continues to grow, SpaceN positions itself as a vital part of the future digital economy leveraging the cosmos.
SpaceN (SN) has gained significant attention in the cryptocurrency market due to its impressive price performance and unique positioning. Launched with a vision to revolutionize the interactions within the space industry, SpaceN aims to bridge traditional space exploration with blockchain technology. This article explores the historical performance, strengths, weaknesses, and future prospects of SpaceN, providing a comprehensive overview for potential investors and crypto enthusiasts.
SpaceN has seen remarkable growth since its launch, particularly highlighted by its recent all-time high (ATH) of $2.22 achieved on August 9, 2023. This peak represents a substantial increase from its all-time low (ATL) of approximately $0.0496 recorded on October 3, 2022—an impressive rise of over 3500%. This volatility has attracted both short-term traders and long-term investors as they seek to capitalize on strategic price movements.
One of the primary advantages of SpaceN is its strong market cap of approximately $112 million, indicating growing community interest and trust. With a current circulating supply of 40 million SN tokens out of a maximum supply of 1 billion, there remains significant room for price appreciation as the demand increases.
Moreover, SpaceN has established itself in a unique niche by leveraging partnerships within the space industry, potentially driving real-world use cases for its technology. This focus can set SpaceN apart from other cryptocurrencies that lack tangible applications beyond trading.
Despite its advantages, there are notable drawbacks. The market cap, while decent, still indicates that SpaceN is a smaller player in the broader cryptocurrency landscape, which can lead to higher volatility. Investors should be cautious about the risks associated with low liquidity and the potential for larger price swings.
Additionally, the significant price increase of 798% within the past 24 hours—a trend observed recently—while impressive, raises concerns about sustainability. Such exponential growth can often lead to sharp corrections, leaving investors vulnerable to sudden downturns.
Looking forward, SpaceN's prospects look promising, particularly if the project continues to gain traction within the burgeoning space-tech sector. As the global focus on space exploration evolves, the integration of blockchain technology with space industry applications could create substantial demand for SpaceN tokens.
Moreover, if SpaceN can enhance its utility, potentially offering unique use cases for satellite data or access to space-related services, the coin may see further adoption and increased value. It will be vital for the team behind SpaceN to execute its roadmap effectively, prioritize community engagement, and maintain transparency to build investor confidence.
In summary, SpaceN (SN) presents an intriguing opportunity in the cryptocurrency market, especially for those interested in the intersection of blockchain and space exploration. While its past performance is commendable, potential investors should weigh the associated risks against the coin's unique advantages. As always, thorough research and caution are advised when venturing into the volatile world of cryptocurrency investments.
from price
$3
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General Information |
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Title
SpaceN
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Symbol
sn
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-01-28 23:59
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Price Data |
Current Price $
2.84
$
|
High 24h
2.8
$
|
Low 24h
0.295063
$
|
Price Change 24h
2.53
$
|
Price Change % 24h
798.04489
%
|
Market Data |
Market Cap
111989109
|
Total Volume
165106
|
Market Cap Change 24h
99314937
|
Market Cap Change % 24h
783.60103
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
40010000
|
Total Supply
1000000000
|
Max Supply
1000000000
|
Historical Data |
All Time High (ATH)
2.22
|
ATH Change %
-19.05707
%
|
ATH Date
2023-08-09 19:21
|
All Time Low (ATL)
0.04957282
|
ATL Change %
3522.79088
%
|
ATL Date
2022-10-03 14:32
|