$ID

The cryptocurrency SPACE ID (ID) has gained notable attention in the market. Currently priced around $0.445, it has experienced a recent 9% rise over the last 24 hours and a 28% increase in the past week. The token operates on both Ethereum and Binance Smart Chain as an ERC-20 and BEP-20 token, making it versatile across popular blockchain ecosystems. Its market capitalization is approximately $160 million, with a maximum supply cap set at 2 billion tokens.

As a digital identity-focused project, SPACE ID aims to create a universal, blockchain-based ID protocol that can securely store and manage identities across Web3 applications. This innovative approach is gaining traction, especially as demand for digital identity solutions grows in decentralized finance (DeFi), NFTs, and metaverse applications. Over the long term, if SPACE ID continues to develop its ecosystem and forge partnerships, it could offer substantial utility and potentially drive price growth.

Long-term price predictions for ID vary, but like other tokens, its value depends on adoption rates and market conditions. The project could experience growth if the Web3 and digital ID markets expand.