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Spacecoin price jumps 32% to $0.008505 USD with $48 million trading volume, aiming to provide internet to 2.6 billion unconnected people globally with its
Spacecoin's price today is $0.008505 USD, with a 24-hour trading volume of $48,693,418 USD, marking a 32.42% increase in the last 24 hours [1]. This surge comes as the project aims to provide reliable, permissionless connectivity to approximately 2.6 billion people globally who have never connected to the internet, and an additional 3.5 billion who live with restricted access. Founded by Tae Oh, Spacecoin is building a constellation of blockchain-enabled small satellites in low-Earth orbit to transmit data back to Earth without relying on traditional internet infrastructure [2].
The project's first satellite, CTC-0, launched in December 2024, and another three satellites that make up the CTC-1 mission were launched on November 2025 [2]. Spacecoin plans to offer services in its target countries of Nigeria, Indonesia, and India for as low as $1-2 per month per user. The network works as an open system where anyone can add satellites and share costs. By using an open protocol, the network enables borderless participation without centralized gatekeepers or reliance on conventional financial or geographical barriers [2].
The $SPACE token is the native cryptocurrency of the Spacecoin network, functioning as a consumptive use token primarily for payments, enabling users to pay for satellite connectivity and data services through a trustless blockchain-based escrow mechanism [2]. The token also serves to incentivize network participation, such as by allowing satellite operators to stake tokens to register nodes and earn rewards for providing capacity. As of recent data, the $SPACE token is traded on various platforms, including the SPACEUSDT USDS-Margined perpetual futures contract on Binance Futures, with a mark price around 0.0116 USDT and a 24-hour change of +10.81% [2].
The trading volume of Spacecoin (SPACE) is $16,433,332.62 in the last 24 hours, representing a 381.40% increase from one day ago, according to CoinGecko [3]. This recent rise in market activity may be attributed to the project's strategic partnerships and milestones, including a transmission license from the Communications Authority of Kenya and a partnership with MekongNet in Cambodia to extend satellite-powered internet to rural areas [2]. With its satellite-based network and blockchain technology, Spacecoin is poised to provide internet access to millions of people worldwide, and its recent price surge may be just the beginning of its journey to achieve this goal. The real test for Spacecoin will be its ability to scale and maintain a reliable network, with the project's success hanging on its ability to deliver on its promise of permissionless connectivity to the world's unconnected populations.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jun 16, 2026 · How we report
Spacecoin aims to create a decentralized, satellite-based internet service provider that delivers universal, censorship-resistant, and affordable connectivity to underserved global regions.
It uses a constellation of LEO satellites and 5G NTN technology to provide direct-to-device connectivity, operating independently of traditional terrestrial infrastructure.
The $SPACE token is used for payments for connectivity services, incentivizing network participants, and staking by satellite operators to register nodes.
No, the project identifies as a DePIN that uses blockchain-powered smart contracts to ensure decentralized control, aiming to prevent censorship by governments or telecom providers.