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Space ID Token Report – 26th Jul’24

SPACE ID Token Report

SPACE ID is developing a universal name service network with an all-in-one identity platform, allowing users to discover, register, trade, and manage web3 domains. It also offers a Web3 Name SDK and API for developers to work across blockchains, providing a multi-chain name service that enables anyone to easily create and establish a web3 identity.

ID is ranked #162 with a market capitalization of over $331 million. The current market price of the token is 0.497 USDT

The ID/USDT trend had been on a downward trajectory since the mid of March, 2024. The trend had earlier broken above the consolidation level and is now retesting the break-out levels on the 4-hourly time-frame with a good volume support. An immediate support is expected at 0.471 USDT and next resistance is expected at 0.545 USDT.

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MintingM Rating – 4/5