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Author Topic: What do you think about Space ID token?  (Read 290 times)
Henrobakkara
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March 22, 2023, 01:42:37 PM
 #21

Binance is going to list Space ID token this week. What do you guys think about this token? Can we expect at least 1$ value in this coin? As I can see there will be very big movements because this project is making hype in twitter because of their airdrop phases.
It is not just going to be listed on Binance, from the tweeter page of spaceID, they will be listed on Bitmat, Bitget, and actually started trading on Kucoin, pumped to $1 and now trading @ $0.47. There is really a lot of hype around this project and I believe for now, there will definitely be a pump when trading starts on other CEX like Binance and later a dump after but we understand the market is still in the bear season and when the bull season returns fully, it could go above $1
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March 22, 2023, 02:00:21 PM
Last edit: March 22, 2023, 02:13:28 PM by Ultegra134
 #22

Most coins that are published on Binance and are advertised by them usually skyrocket; I remember the exact same thing happening with the Alice coin a year or two ago. You could possibly claim that it's some kind of manipulation from Binance's side.

I haven't even bothered to check the Space ID project; I saw some announcements, but I didn't have the time to go through them. Its price was supposed to start at $0.025 per coin; was there a way to actually reserve that price? Because it's already at almost $0.50, while by looking at the graph, you can barely see the starting price. 

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March 22, 2023, 03:25:42 PM
 #23

Binance is going to list Space ID token this week. What do you guys think about this token? Can we expect at least 1$ value in this coin? As I can see there will be very big movements because this project is making hype in twitter because of their airdrop phases.
I would rather invest in Arbitrum than space ID, if you can do your own research on these two projects you will see why Arbitrum is better for the long term hold, I am not saying that Space ID is going to perform poorly, but utility that Space ID has is very common today, the hype will die down very quickly but the utility of Arbitrum is top notch.

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March 22, 2023, 03:49:00 PM
Last edit: March 22, 2023, 04:17:30 PM by tvplus006
 #24

...Its price was supposed to start at $0.025 per coin; was there a way to actually reserve that price? Because it's already at almost $0.50, while by looking at the graph, you can barely see the starting price.

Yes, you could buy a ID coin at this price if you took part in the launchpad, which was held on the Binance exchange. But not everything is as simple as it may seem, in order to get a good profit, it was necessary to have about 100 BNB on your wallet. And in that case, your profit would be $1000.

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March 22, 2023, 04:48:04 PM
 #25

...Its price was supposed to start at $0.025 per coin; was there a way to actually reserve that price? Because it's already at almost $0.50, while by looking at the graph, you can barely see the starting price.

Yes, you could buy a ID coin at this price if you took part in the launchpad, which was held on the Binance exchange. But not everything is as simple as it may seem, in order to get a good profit, it was necessary to have about 100 BNB on your wallet. And in that case, your profit would be $1000.
Are you sure about that? I just read the email I received earlier today, and it only mentions that the maximum BNB you could commit was based on the past five-day average BNB balance, and in order to commit, it'll have to be in your spot wallet. There's no mention that you have to have a specific amount of BNB in order to participate. If so, you're practically making money out of thin air since Space ID skyrocketed minutes after trading started.

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March 22, 2023, 04:58:44 PM
 #26

...Its price was supposed to start at $0.025 per coin; was there a way to actually reserve that price? Because it's already at almost $0.50, while by looking at the graph, you can barely see the starting price.

Yes, you could buy a ID coin at this price if you took part in the launchpad, which was held on the Binance exchange. But not everything is as simple as it may seem, to get a good profit, it was necessary to have about 100 BNB on your wallet. And in that case, your profit would be $1000.
Are you sure about that? I just read the email I received earlier today, and it only mentions that the maximum BNB you could commit was based on the past five-day average BNB balance, and in order to commit, it'll have to be in your spot wallet. There's no mention that you have to have a specific amount of BNB in order to participate. If so, you're practically making money out of thin air since Space ID skyrocketed minutes after trading started.

The minimum amount to participate in the launchpad was only 0.1 BNB. But you should understand that the number of ID coins that you could redeem at a price of 0.025 dollars is minuscule. But I wrote about how much it was necessary to have BNB coins in the wallet to get a profit equal to $1000.

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March 22, 2023, 05:02:28 PM
 #27

I think space ID tokens will fly high because of the Binance factor Launchpad is very good in my opinion to follow the launchpad Disclaimer is not an investment advice This is my personal opinion.
after the open deposit there is a possibility that there will be a drop in the price of the large selling effect that will occur in the market, indeed Binance's support is very large and can attract large investors because Binance is believed to be a project on Binance Launchpad, not a cheap project. profits already have their respective portions that can be obtained

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March 22, 2023, 05:16:10 PM
 #28

The project looks overhyped but could do very well because of the Binance exchange listing, I have no interest in SPACE ID right now unless a big buying opportunity happens, right now all attention is pointing to the Arbitrum listing, same as me too, I believe Arbitrum is a better buy than SPACE ID but the choice is yours.

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March 22, 2023, 05:34:39 PM
 #29

The project looks overhyped but could do very well because of the Binance exchange listing, I have no interest in SPACE ID right now unless a big buying opportunity happens, right now all attention is pointing to the Arbitrum listing, same as me too, I believe Arbitrum is a better buy than SPACE ID but the choice is yours.

If you want to buy ARB and ID coins, then in any case you need to wait until everyone who wants to sell their coins realizes their desire. And only when the value of the coins becomes significantly lower, you can start buying, adhering to the DCA strategy.

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March 22, 2023, 07:29:55 PM
 #30

Good project, but do not rush to buy the token because too many people will decide to sell and the price will dump, that will be the right time to buy because projects like this don't stay in the dip for long, space id have few good partnerships and it's community is high in number, not like arb but good enough.

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March 22, 2023, 09:48:20 PM
 #31

Airdrop tokens has this weird pattern after launch. Most of them has a massive pump upon launch since most of the anticipated airdrop project has a lot of hype and many wants to have it and want to be part of it but as time goes off, People who receives the airdrop gradually sell their tokens resulting in a downtrend chart and suddenly it will have an exploded pump or recovery will happen. I believe that this happen on past hype airdrop projects such as BLUR, OP and APT. This can happen to ID or  ARB too as they are both a airdrop token and many wants to be on it.
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March 22, 2023, 10:00:13 PM
 #32

good project it seems, but I'd say if there's other coin that did airdrop at the same time and is better then I would be hesitant investing in space ID token, take a look at other coin that might have better utilities like arbitrum, it's gonna be out very soon and certainly would hinder many from investing in other coin instead since it's just better. but thats just my 2 cents.

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March 23, 2023, 07:23:14 AM
 #33

Space ID is a new token based on the Binance Smart Chain blockchain that is used as a means of payment for access to resources related to space exploration. It can also be used as an incentive for the development of space infrastructure. However, as with any cryptocurrency, investing in Space ID comes with its own risks, including high price volatility and potential scams. Therefore, if you decide to invest in Space ID or any other cryptocurrency, I recommend doing your own research and assessing your investment opportunities and risks.
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March 23, 2023, 01:01:51 PM
 #34

First of all, there is no doubt that this is a really promising project with the domain array that I believe will be of great interest in the near future. And more importantly it's a big project backed by leading blockchain platforms, I think their launchpad binance shows that this will be a market leader in the coming time. Because as we are seeing right now, most projects can link to the domain, and also congratulations to those who received the airdrop from spaceID.
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March 23, 2023, 04:35:10 PM
 #35

...Its price was supposed to start at $0.025 per coin; was there a way to actually reserve that price? Because it's already at almost $0.50, while by looking at the graph, you can barely see the starting price.

Yes, you could buy a ID coin at this price if you took part in the launchpad, which was held on the Binance exchange. But not everything is as simple as it may seem, to get a good profit, it was necessary to have about 100 BNB on your wallet. And in that case, your profit would be $1000.
Are you sure about that? I just read the email I received earlier today, and it only mentions that the maximum BNB you could commit was based on the past five-day average BNB balance, and in order to commit, it'll have to be in your spot wallet. There's no mention that you have to have a specific amount of BNB in order to participate. If so, you're practically making money out of thin air since Space ID skyrocketed minutes after trading started.

The minimum amount to participate in the launchpad was only 0.1 BNB. But you should understand that the number of ID coins that you could redeem at a price of 0.025 dollars is minuscule. But I wrote about how much it was necessary to have BNB coins in the wallet to get a profit equal to $1000.
Oh, I understand now. Makes sense so it wouldn't get abused too much; however, with the current price, there was still a decent amount of money to be made, as with $1,000 you could practically buy up to 40,000 coins, while currently it's trending at $0.50, which is easy money if you ask me. It was almost inevitable for the price not to skyrocket after all this promotion from Binance. It sucks, because if I had noticed earlier, I would have bought some to earn some pocket money and use that to purchase Bitcoin or BNB.

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April 08, 2023, 06:43:28 PM
 #36

I am very positive about this project, this seems like one of Binance's favorite projects, and CZ will make it succeed. How many of the projects on the Binance Launchpad have failed to deliver, though this is subjective in terms of price performance they have delivered for investors, for this reason I am positive about this project

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April 08, 2023, 09:49:16 PM
 #37

Binance is going to list Space ID token this week. What do you guys think about this token? Can we expect at least 1$ value in this coin? As I can see there will be very big movements because this project is making hype in twitter because of their airdrop phases.
Not really possible as the spike may happen due to hype, we know that Binance is a known exchange and people are thinking that once a project is listed on this platform, it can be trusted. But it was not just like that, the team also must have to continue putting in work and developing their project just to keep the momentum. Because it was not just about where it was listed but also matters on how the project looked like.
But yes, we should still be cautious about buying new projects as we can't simply ignore any possibility of an abrupt dump.

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April 08, 2023, 11:34:56 PM
 #38

The project looks overhyped but could do very well because of the Binance exchange listing, I have no interest in SPACE ID right now unless a big buying opportunity happens, right now all attention is pointing to the Arbitrum listing, same as me too, I believe Arbitrum is a better buy than SPACE ID but the choice is yours.
me too. It's just domain username project which is nothing special for me. The binance support was just making so many people FOMO it. The latest news about the company wanna try to do the second airdrop was just making so many eyes and trying to catch it as soon as possible. It seems like that space id was an over hyped project for me without interesting usability.

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April 09, 2023, 03:03:23 AM
 #39

Binance is going to list Space ID token this week. What do you guys think about this token? Can we expect at least 1$ value in this coin? As I can see there will be very big movements because this project is making hype in twitter because of their airdrop phases.

Looking at the chart on Binance exchange, it got an all time high of $2.5 and I think it can reach that high again during the bull market. Currently it's trading around $0.45 cent and has very active volumes which if this comes during the bull market, $1 is  very achievable.

Space ID token seems to be a name service project and if we look at the success of Ethereum name service project ENS, and predict Space ID moving in the same direction then we can expect a minimum of 10x on this project in the bull market.

The hype around the project is very huge and it's already listed on Binance exchange which means there will be billions coming into the project when the market is filled with fomo in the bull market. This is a project worth keeping an eye on.

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April 29, 2023, 09:53:02 PM
 #40

Binance is going to list Space ID token this week. What do you guys think about this token? Can we expect at least 1$ value in this coin? As I can see there will be very big movements because this project is making hype in twitter because of their airdrop phases.

the price of Space ID on Binance Launchpad is $0.025 and with current market conditions, I think Space ID price might reach $2-$3, because the total supply from Space ID is also not too much (only 2,000,000,000) and the token offered on Binance Launchpad are only 100,000,000, so I think the price of Space ID is very easy to reach $2-$3 (if the crypto market conditions are still stable and good).

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