Spacecoin Debuts on Binance Alpha Following Trump-Backed WLFI Token Swap
Spacecoin (SPACE) hits $40M market cap on Binance Alpha launch, buoyed by a strategic token swap with Trump-affiliated World Liberty Financial and a rare USD1 stablecoin pairing.
Spacecoin (SPACE) began trading today on Binance Alpha, a new verified token launch platform, propelling the DePIN project to a $40 million market cap within hours of its Token Generation Event (TGE). The launch follows a strategic token swap with World Liberty Financial (WLFI), the DeFi protocol associated with President Donald Trump’s family, positioning SPACE as a settlement layer for satellite-based crypto transactions.
Binance Alpha & Market Action
Spacecoin is the first asset to leverage the Binance Alpha model, which creates a point-gated airdrop mechanism for early liquidity. Users holding a minimum of 227 Alpha Points were eligible to claim allocations from a 6,720 SPACE reward pool per user, a mechanic that drove immediate secondary market velocity. SPACE is currently trading at $0.017 (+6.4%) with $96 million in 24-hour volume, signaling heavy retail turnover relative to its initial circulating supply of 2.15 billion tokens (10.25% of total supply).
“Our mission is to provide connectivity to everyone, everywhere, but that is only half the battle. True digital freedom also requires access to robust, fair, and open financial services.” Tae Oh, Spacecoin Founder
The Trump-DeFi Connection
The market interest is partially driven by Spacecoin’s integration with the “Trump Trade” ecosystem. Earlier this week, Spacecoin announced a partnership with World Liberty Financial involving a mutual token swap. The deal prioritizes the use of WLFI’s stablecoin, USD1, for settlements over Spacecoin’s low-earth orbit (LEO) satellite network. This infrastructure aims to facilitate crypto payments in regions lacking terrestrial internet, effectively extending DeFi access to offline demographics.
Liquidity Structure
In a rare move for a new asset, Spacecoin launched with a direct fiat-pegged stablecoin pair outside of USDT/USDC. KuCoin and Aster listed the SPACE/USD1 pair immediately, validating the WLFI integration. WLFI itself remained stable at $0.177 following the integration news. The SPACE contract (0x87ac...bdc00 on BNB Chain) has already seen high on-chain activity, with traders speculating on the project’s utility as a DePIN layer for the incoming US administration’s crypto-friendly stance.