The price action in Space ID, which allows users to exchange, register and manage crypto-based domain names, reinforces Binance Launchpad’s position as a lucrative platform for traders looking to get allocations of tokens in new projects. Binance announced its support for Space ID last month, giving holders of BNB tokens a chance to purchase the ID tokens. BNB is the token of BNB Chain, a decentralized exchange where users can trade directly with each other.
Source: https://www.coindesk.com/markets/2023/04/17/space-id-tokens-wow-investors-weeks-after-binance-launchpad-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines