Space ID Token Surges Amidst Market Downturn
Amidst a general downturn in the cryptocurrency market today, Space ID stands out with a remarkable surge, gaining as much as 20% in value. Yesterday's report revealed significant activity involving Wallet 0x92e, which received a substantial amount of $ID tokens from the SpaceID Protocol multi-sig. Shortly after, the wallet deposited 1 million $ID tokens, valued at $1.38 million, onto Binance. https://twitter.com/spotonchain/status/1767433772721443204?t=YMU8FSJ6UvllrbBhE2yV1Q&s=19 This wallet has a history of receiving $ID tokens from the project's multisig and subsequently depositing them onto centralized exchanges whenever the token's price experienced an uptick. Interestingly, the deposit coincided with a 4% drop in the price of $ID tokens. Despite this temporary setback, the token has continued its upward trajectory, reaching an all-time high today and currently valued at $1.54. Space ID Price Surge Despite The Market Volatility The surge in the price of $ID tokens amidst […]