Space ID Price Prediction 2023-2030: Can Space ID Reach $100, $10?

Latest Space ID Price

Article Coverage: Price Performance, Latest News, Space ID Price Prediction Today, Is Space ID a Good Investment? Can Space ID reach $10? Space ID Price Prediction 2023-2030

Space ID Price Performance, June 1st, 2023

• Last 7 days: 1.67%
• Last 1 month: -25.44%

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Space ID Latest News, June 1st, 2023

• The Space ID token sale on Binance Launchpad received over 8.4 million BNB tokens in commitments from 99,000 holders over a 48-hour period, amounting to over $2.85 billion at current market prices.
• Despite the large commitment amount, the project’s funding hard cap is set at $2.5 million, meaning not all of the committed funds will flow into Space ID’s ID tokens. The tokens were offered at a rate of 0.00007412 BNB for each 1 ID, with a total of 100 million ID tokens available.
• SPACE ID has announced a strategic partnership with Polyhedra Network. Polyhedra Network is renowned for building infrastructure for Web3 interoperability utilizing advanced zero-knowledge proof protocols. Their product, zkBridge, is now live on Mainnet Alpha. This collaboration will see the integration of .bnb domains into Polyhedra’s zkBridge.

Space ID Price Prediction for the Next 6 Hours

Space ID Price for the Next few Hours will be in the range of 0.464 and 0.473

Space ID Technical Analysis, May 22nd

• Increase in Value: The Space ID token (IDS) has shown a 1.40% increase in its value against the US dollar (USD). This means that the token’s price has risen, indicating a positive market sentiment and demand for IDS.
• Growth over 7 Days: Over the past 7 days, the IDS token has experienced a 3.89% increase. This indicates a positive trend over a relatively short period, suggesting that investors have been showing interest in the token and contributing to its growth. This growth can be seen as a sign of confidence in the project and its potential.

These positive developments in the value and growth of the Space ID token indicate that there is bullish sentiment among investors. The increasing value and positive trend over the short term may potentially lead to further gains.

Space ID Price Prediction Today

Space ID, Buy or Sell, Crowd Poll

Space ID Crowd Outlook has improved over the last 24 hours.

Space ID Price Prediction: Is Space ID a Good Investment?

SPACE ID is a one-stop Web3 domain and identity platform that offers a universal name service network for discovering, registering, trading, and managing Web3 domains.

The platform utilizes blockchain technology and smart contracts to provide users with control over their personal data and to ensure that their identity remains private and secure. It also offers a decentralized domain name service (DDNS) that allows users to register domain names that can be used for their Web3 identity and other decentralized applications.

• Space ID platform eliminates the need for multiple products for different domains.
• The platform simplifies managing multiple domains with an all-in-one integrated portal for renewing, recording, and owning Web3 domains
• SPACE ID also offers a marketplace Its purpose is to enable users to discover, register, trade, and manage Web3 domains.
• The Web3 Name SDK is designed to simplify the integration of Web3 services, saving time and reducing compatibility issues.
• The SPACE ID protocol offers an innovative infrastructure for managing Web3 domains and identities.
• The platform aims to become the gateway between decentralized identities and the physical/digital world.

The ID token is the native governance token of SPACE ID. The platform incentivizes users to engage with the project and contribute to its success, contributing to the growth and sustainability of the ecosystem.

Space ID tokens have the maximum supply of 2,000,000,000 tokens; out of which 286,000,000 tokens are already in the circulating supply of the market (which is nearly 14% of the total supply). The following are the primary use cases of ID tokens:

• Users can stake ID tokens to generate passive income.
• ID tokens can be used to receive discounts on trading fees and Web3 domain registration.
• ID tokens can be used as a means of payment.
• ID token holders can participate in governance by voting on proposals within the SPACE ID DAO.

With the launch of ID, SPACE ID aims to become a leader in the Web3 industry, providing users with a well-rounded platform for managing their digital identities.

Overall, considering the use cases and key features of the Space ID, it seems to be a moderate case for investment.

Also read: Threshold Price Prediction and Injective Price Prediction

Space ID Price Prediction: Can Space ID Reach $10?

To reach $10, Space ID will have to rise 13-fold. At $10, Space ID’s market cap would be $2.9 Billion. If Space ID were to rise at the rate of 25% every year, it would take it 12 years to reach $10. Considering the fact that Space ID is a moderate case for Investment, Can Space ID reach $10?

• Growth required to reach $10 – Feasible
• Market Cap at $10 – Feasible
• Time required to reach $10 if $ID were to rise at 25% every year – Moderately Feasible

Overall, it looks highly probable that Space ID will reach $10. General caveats include, it is impossible to predict long term and a lot of whether this target will be met will depend on how Space ID can execute in a dynamic environment.

Space ID Price Prediction: Can Space ID Reach $100?

To reach $100, Space ID will have to rise 130 times. At $100, Space ID’s market cap would be $28.7 Billion. If Space ID were to rise at the rate of 25% every year, it would take it 22 years to reach $100. Considering the fact that Space ID is a moderate case for Investment, Can Space ID reach $100?

• Growth required to reach $100 – Moderately Feasible
• Market Cap at $100 – Moderately Feasible
• Time required to reach $100 if $ID were to rise by 25% every year – Not Feasible

It is unlikely Space ID will reach $100. However, let us consider a Burn Scenario

At 90% Burn, it would take Space ID 12 years to reach $100. This is also impractical. Overall, it looks impossible for Space ID to ever reach $100.

Space ID Price Prediction 2023, 2025 and 2030

• Space ID Price Prediction 2023 is $0.729
• Space ID Price Prediction 2025 is $1.6
• Space ID Price Prediction 2030 is $7.2

Where Can I Buy ID Crypto?

Here are the general steps to buy Space ID (ID) token:

• Create an account on an exchange by providing the required details such as your name, email, and password.
• Depending on the exchange, you may need to verify your account by providing additional information such as your address and government-issued ID.
• To buy Space ID (ID) token, you need to fund your account using a supported cryptocurrency such as Bitcoin (BTC) or Ethereum (ETH), or fiat currency such as USD or EUR.
• Search for Space ID (ID) token on the exchange and locate the trading pair with the cryptocurrency you have funded your account with.
• Place an order to buy Space ID (ID) token by specifying the amount of token you want to buy and the price you are willing to pay.
• Once your order is executed, the Space ID (ID) token will be credited to your exchange account.

ID tokens can be purchased on a few centralized and decentralized crypto exchanges such as Binance, KuCoin, Gate.io, LBank, MEXC, CoinEx, Bybit, Bitget, and PancakeSwap.

1. KuCoin – KuCoin is a cryptocurrency exchange noted for offering a diverse range of cryptocurrencies for trading. It boasts an easy-to-use interface, accepts numerous payment methods, has complex trading tools, and has its own native coin known as KuCoin Shares (KCS). KuCoin also includes a referral program and a heavy emphasis on security to safeguard user cash.
2. ByBit – Users may trade perpetual contracts for cryptocurrencies like Bitcoin, Ethereum, and others on the cryptocurrency derivatives market called Bybit. It has features including order types, leveraged trading, and risk management tools. Bybit wants to provide professional traders and institutional investors with a user-friendly and safe platform for trading cryptocurrencies.

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.