Bitget: Explains preSPAX Price Surge
Bitget exec details <strong>preSPAX</strong> surge to 1.52T valuation, real equity-backed RWA vs contracts in SpaceX Pre-IPO market.
SourceAnalysis
Bitget's Gracy Chen highlights why preSPAX token skyrocketed, tying it to the platform's UEX strategy proving resilient over time. The surge stems from SpaceX Pre-IPO excitement, with Bitget's $preSPAX as a genuine spot RWA backed by real equity from issuer Republic, pegged at a massive 1.52 trillion valuation—closest to actual SpaceX shares. Competitors' versions hover around 2000U as mere contracts prone to rebase, lacking true asset support. Post-IPO lockup, preSPAX holders get 1:1 exchange for SpaceX stock tokens, delivering reliable price discovery in the volatile crypto RWA space. This move echoes recent Bitcoin halvings boosting tokenized assets, positioning Bitget ahead in preSPAX price prediction trends and SpaceX Pre-IPO investment strategies amid 2026's crypto market surge.
Gracy Chen @Bitget
@GracyBitgetFormer TV host turned #BGB hodler| World traveler ✈| CEO at @bitgetglobal🫡 | Writing daily #crypto insights with tips on personal growth and finance ✍️