Space, a prediction market platform built on Solana, has initiated a public sale for its $SPACE token, offering up to 10x leverage on trades. The platform allows users to speculate on outcomes across various sectors, including crypto, politics, sports, and culture. A unique flywheel mechanism is in place, dedicating 50% of the platform's revenue to buy and burn $SPACE tokens, potentially enhancing their value.
Backed by Morningstar Ventures and Arctic Digital, Space has secured $3 million in funding and aims to raise $25 million by December 17, 2025. The total supply of $SPACE tokens is capped at 1 billion. Analysts are actively developing price prediction models, which could impact the token's future market valuation.
Solana-Based Space Launches $SPACE Token Public Sale
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