SPACE ID قیمت

Space ID is a good crypto asset that enjoyed significant attention at launch. Its token sale was oversubscribed on Binance Launchpad and enjoyed high volatility on trading platforms shortly after.

Consider investing in ID token, especially if you believe in the potential of web3 and mainstream adoption. Rising interest in making web3 technologies mainstream could increase the demand for services such as those offered by Space ID, increasing its appeal among investors and supporting the ID token price.

The Space ID price could increase as more users and developers leverage its platform to create and manage their web3 domain names. The higher on-chain activity could boost the ID price statistics.

Although it is impossible to offer an accurate ID token price prediction, we recommend monitoring the following fundamentals to get a better understanding of the price action and volatility in the Space ID token:

Level of Adoption

Higher use of Space ID’s services among users, developers, and businesses could increase the value of the ID crypto. The price of Space ID token could also trend higher if more mainstream organizations use its services to register and manage web3 domains.

Future Developments

The value of Space ID cryptocurrency could also increase when the developers introduce more features that make its platform more attractive. News about more partnerships, investments, and integrations could boost investor confidence in $ID.

Market Outlook

The ID to USD price could witness an uptrend amid an improvement in investor sentiment toward cryptocurrencies and web3. On the other hand, a bearish sentiment in the crypto market could drive selloffs that could weaken the ID crypto price.

$ID is the native token of Space ID and has the following use cases:

Utility Token

ID is the native currency of the Space ID platform. It is used for making payments on the platform and is also required for Web3 Name SDK Integration.

Governance Token

$ID token holders can become members of the Space ID DAO. The community-led DAO gives ID holders voting rights to decide the project’s future evolution.

Staking

$ID can be staked on the platform to receive discounts on trading fees within Space ID’s NFT marketplace. Staking ID also lets you enjoy discounts on registering web3 domains on the platform.

Crypto Asset to Trade and HODL

Trade Space ID against other digital assets to profit from changing market conditions and volatility. Buy or sell ID against other cryptos or hold it long-term if you believe in the future potential of Space ID. Review the current price of Space ID token, ID current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the ID price chart before trading Space ID in the market.

Although a relatively young project in the crypto market, Space ID boasts an impressive list of investors. As of March 2023, investors in Space ID include Binance Labs, Polychain Capital, Bullet Labs, and dao5.

Space ID’s partners include Trust Wallet, BscScan, ARB ID, DODO, Galxe, Plant Crossing, CARV, and more.

As of March 2023, Space ID is yet to introduce its official staking program. However, you can stake ID on supported platforms to earn passive income. Watch this space for more on staking $ID on Space ID!